On Population Structure and Marriage Dynamics
I develop an equilibrium, a two-sided search model of marriage with endogenous population growth, to study the interaction between fertility, the age structure of the population and the age of men and women at first marriage.Within a simple two-period overlapping generation model, I show that given an increase of the desired number of children age at marriage is affected through two different channels. First, as population growth increases, the age structure of the population produces a thicker market for young people, inducing early marriages. The second channel comes from differential fecundity: if the desired number of children is not feasible for older women, women tend to marry younger and men older, with single men outnumbering single women in equilibrium.Using an extended version of the model to a finite number of periods and fertility data, I show that two mechanisms described above may have acted as persistence mechanisms after the U.S. Baby Boom. Specifically, I find that the demographic transitional dynamics after the Baby Boom may account for approximately 23 percent of the increase in men's age of marriage between 1985 and 2009, although the impact on women's age is small.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 10 (2010)
Issue (Month): 1 (November)
|Contact details of provider:|| Web page: http://www.degruyter.com |
|Order Information:||Web: http://www.degruyter.com/view/j/bejm|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Michele Tertilt, 2005. "Polygyny, Fertility, and Savings," Journal of Political Economy, University of Chicago Press, vol. 113(6), pages 1341-1370, December.
- Shannon Seitz, 2009.
"Accounting for Racial Differences in Marriage and Employment,"
Journal of Labor Economics,
University of Chicago Press, vol. 27(3), pages 385-437, 07.
- Shannon N. Seitz, 2002. "Accounting for Racial Differences in Marriage and Employment," Working Papers 1009, Queen's University, Department of Economics.
- Lones Smith, 2006. "The Marriage Model with Search Frictions," Journal of Political Economy, University of Chicago Press, vol. 114(6), pages 1124-1146, December.
- Lena Edlund, 1999. "Son Preference, Sex Rations, and Marriage Patterns," Journal of Political Economy, University of Chicago Press, vol. 107(6), pages 1275-1304, December.
- An, Mark Yuying, 1998.
"Logconcavity versus Logconvexity: A Complete Characterization,"
Journal of Economic Theory,
Elsevier, vol. 80(2), pages 350-369, June.
- An, Mark Yuying, 1995. "Logconcavity versus Logconvexity: A Complete Characterization," Working Papers 95-03, Duke University, Department of Economics.
- Michael J. Brien & Lee A. Lillard & Steven Stern, 2006.
"Cohabitation, Marriage, And Divorce In A Model Of Match Quality,"
International Economic Review,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 47(2), pages 451-494, 05.
- Steven Stern & Michael J. Brien & Lee A. Lillard, 1999. "Cohabitation, Marriage, and Divorce in a Model of Match Quality," Virginia Economics Online Papers 322, University of Virginia, Department of Economics.
- Tracy J. Cornelius, 2003. "A Search Model of Marriage and Divorce," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 6(1), pages 135-155, January.
- Javier Diaz-Jimenez & Eugenio P. Giolito, 2008.
"Gender differences and the timing of first marriages,"
Economics Working Papers
we080804, Universidad Carlos III, Departamento de Economía.
- Javier Díaz-Giménez & Eugenio Giolito, 2011. "Gender Differences and the Timing of first Marriages," ILADES-Georgetown University Working Papers inv274, Ilades-Georgetown University, Universidad Alberto Hurtado/School of Economics and Bussines.
- Díaz-Giménez, Javier & Giolito, Eugenio P., 2008. "Gender Differences and the Timing of First Marriages," IZA Discussion Papers 3539, Institute for the Study of Labor (IZA).
- Bergstrom, Theodore C & Bagnoli, Mark, 1993.
"Courtship as a Waiting Game,"
Journal of Political Economy,
University of Chicago Press, vol. 101(1), pages 185-202, February.
- Bergstrom, T. & Bagnali, M., 1991. "Courtship as a Waiting Game," Papers 91-3, Michigan - Center for Research on Economic & Social Theory.
- Bergstrom, T. & Bagnoli, M., 1990. "Courtship as a Waiting Game," Papers 90-12, Michigan - Center for Research on Economic & Social Theory.
- Mark Bagnoli & Ted Bergstrom, . "Courtship as a Waiting Game," Papers _030, University of Michigan, Department of Economics.
- Bergstrom, T. & Bagnoli, M., 1991. "Courtship as a waiting game," The Warwick Economics Research Paper Series (TWERPS) 386, University of Warwick, Department of Economics.
- Giolito, Eugenio P., 2004.
"A Search Model of Marriage with Differential Fecundity,"
IZA Discussion Papers
1082, Institute for the Study of Labor (IZA).
- Eugenio Giolito, 2004. "A Search Model of Marriage with Differential Fecundity," Labor and Demography 0402007, EconWPA.
- Coles, Melvyn & Francesconi, Marco, 2007. "On the Emergence of Toyboys: Equilibrium Matching with Ageing and Uncertain Careers," IZA Discussion Papers 2612, Institute for the Study of Labor (IZA).
- Linda Y. Wong, 2003.
"Structural Estimation of Marriage Models,"
Journal of Labor Economics,
University of Chicago Press, vol. 21(3), pages 699-728, July.
- Wong, Linda, 2001. "Structural Estimation of Marriage Models," 10th International Conference on Panel Data, Berlin, July 5-6, 2002 A1-1, International Conferences on Panel Data.
- Linda Y. Wong, 2001. "Structural Estimation of Marriage Models," Computing in Economics and Finance 2001 222, Society for Computational Economics.
- Burdett, Kenneth & Coles, Melvyn G, 1999. "Long-Term Partnership Formation: Marriage and Employment," Economic Journal, Royal Economic Society, vol. 109(456), pages F307-34, June.
- Elizabeth M. Caucutt & Nezih Guner & John Knowles, 2002. "Why Do Women Wait? Matching, Wage Inequality, and the Incentives for Fertility Delay," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(4), pages 815-855, October.
- BLOCH, Francis & RYDER, Harl, 1994.
"Two-Sided Search, Marriages and Matchmakers,"
CORE Discussion Papers
1994028, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Burdett, Ken & Coles, Melvyn G, 1997. "Marriage and Class," The Quarterly Journal of Economics, MIT Press, vol. 112(1), pages 141-68, February.
When requesting a correction, please mention this item's handle: RePEc:bpj:bejmac:v:10:y:2010:i:1:n:33. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Golla)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.