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The economic value of virtue

Author

Listed:
  • Fabio MARIANI

    (UNIVERSITE CATHOLIQUE DE LOUVAIN, Institut de Recherches Economiques et Sociales (IRES), Paris School of Economics and IZA, Bonn)

Abstract

Virtue is modelled as an asset that women can use in the marriage market: since men value virginity in prospective mates, preserving her virtue increases a woman’s chances of marrying a high-status husband, and therefore allows for upward social mobility. Consistent with some historical and anthropological evidence, we find that the prevalence (and the value) of virginity, across societies and overtime, can be influenced by socio-economic factors such as male income inequality, gender differences, social status and stratification, and overall economic development.

Suggested Citation

  • Fabio MARIANI, 2010. "The economic value of virtue," LIDAM Discussion Papers IRES 2010012, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    • Handle: RePEc:ctl:louvir:2010012
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    File URL: http://sites.uclouvain.be/econ/DP/IRES/2010012.pdf
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    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. The value of virginity
      by Economic Logician in Economic Logic on 2009-05-08 06:04:00

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    2. Xinyu Fan & Lingwei Wu, 2023. "The Shaping Of A Gender Norm: Marriage, Labor, And Foot‐Binding In Historical China," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(4), pages 1819-1850, November.
    3. David de la Croix & Fabio Mariani & Marion Mercier, 2023. "Driven By Institutions, Shaped By Culture: Human Capital And The Secularization Of Marriage In Italy," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(4), pages 1777-1818, November.
    4. Luca Pensieroso & Alessandro Sommacal, 2019. "Agriculture to Industry: the End of Intergenerational Coresidence," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 34, pages 87-102, October.
    5. Pensieroso, Luca & Sommacal, Alessandro, 2014. "Economic development and family structure: From pater familias to the nuclear family," European Economic Review, Elsevier, vol. 71(C), pages 80-100.
    6. Fabio Blasutto, 2024. "Cohabitation vs. Marriage: Mating Strategies by Education in The USA," Journal of the European Economic Association, European Economic Association, vol. 22(4), pages 1723-1761.

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    Keywords

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    JEL classification:

    • D1 - Microeconomics - - Household Behavior
    • J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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