Will you marry me?: A perspective on the gender gap
This paper develops a general equilibrium model of the gender wage up. The difference in earningsis a consequence of a demographic regularity -that men tend to marry younger women- whichlimits women´s labor mobility. However, couples are always free not to marry, and do so only if itis in each´s self-interest. In our model, marriage is beneficial because the joint consumption is a household public good.The intrafamily allocation of resources is determined via noncooperative bargaining; this leads tointeresting interactions between the game played by husband and wife on the other hand, and thecompetitive environment in which they are immersed on the other. One example of this is thegender gap.
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