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The Distribution of Returns to Marriage Author info | Abstract | Publisher info | Download info | Related research | Statistics Maasoumi, Esfandiar () (SMU)
Millimet, Daniel () (SMU)
Sarkar, Dipanwita () (SMU)
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The phenomenon that married men earn a higher wage on average than unmarried men, the so-called marriage premium, is rather well established. However, the robustness of the marriage premium across the wage distribution and the underlying cause of the marriage premium are not well known. Focusing on the entire wage distribution and employing recently developed nonparametric tests for stochastic dominance, our findings question the current conception of the marriage premium, calling instead for the introduction of a broader concept incorporating wage dispersion. This broader notion arises from evidence suggesting that the marriage premium is primarily confined to the lower tail of the wage distribution; the premium is negligible at best in the upper tail. Finally, the majority of the premium is explained by selection, but there is a small role for ‘causal’ explanations.Length: 54 pages
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Paper provided by Southern Methodist University, Department of Economics in its series Departmental Working Papers with number
0503.
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Date of creation: Oct 2005Date of revision:
Handle: RePEc:smu:ecowpa:0503Contact details of provider: Postal: Department of Economics, P.O. Box 750496, Southern Methodist University, Dallas, TX 75275-0496 Phone: 214-768-2715 Fax: 214-768-1821 Web page: http://www.smu.edu/economics
For technical questions regarding this item, or to correct its listing, contact: (Bo Chen).
Keywords: Marriage premium ; stochastic dominance ; difference-in-differences ; instrumental variable ; nonparametric ; selection ; Other versions of this item:
Find related papers by JEL classification: C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Semiparametric and Nonparametric Methods C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
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Katherin Barg & Miriam Beblo, 2008.
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