Analysis of the Male Marriage Premium Utilizing Propensity Score Matching Method(in Japanese)
The purpose of this paper is to reexamine the male marriage premium by exploiting propensity score matching method, utilizing Keio Household Panel Survey. We have uncovered three key points from this analysis. Firstly, the results of OLS reveal that after controlling the unobserved fixed effect, male marriage premium vanishes. Secondly, the results of cross section matching estimation reveal that although marriage premium is observed in case of the estimations of annual income, the analyses of per-hour wage rate do not find the evidence of the marriage premium. Thirdly, the results of the difference in differences (DID) matching estimation indicate that male marriage premium is not observed in the analysis of both per-hour wage rate and annual income. Although the results of cross section matching estimation that use the annual income as dependent variable confirm the existence of marriage premium, it could be considered to be caused by unobserved fixed effect. By the estimated results described above, it can be concluded that after considering the unobserved fixed effect and self-selection, male marriage premium is not observed in Japan.
Volume (Year): 187 (2013)
Issue (Month): (June)
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