Income Prospects and Age at Marriage
This paper provides an empirical investigation of a theoretical model of the marriage market. In the model, women are valued more for their ability to bear children and men are valued more for their ability to make money. Men cannot reveal their labor market ability to potential spouses until they enter the labor force. At the same time, the relevant information for evaluating females as spouses is revealed at a younger age. The model predicts that the income of males will be positively associated with age-at-first-marriage. We find empirical support for the model. However, we also find the association between male earnings and age-at-first-marriage becomes negative for those who married after age 30, which was not predicted by the model. Consistent with the model, we do not find a strong relationship between earnings and age-at-first-marriage among females.
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|Date of creation:||1992|
|Contact details of provider:|| Postal: UNIVERSITY OF MICHIGAN, DEPARTMENT OF ECONOMICS CENTER FOR RESEARCH ON ECONOMIC AND SOCIAL THEORY, ANN ARBOR MICHIGAN U.S.A.|
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- Sanders Korenman & David Neumark, 1992.
"Marriage, Motherhood, and Wages,"
Journal of Human Resources,
University of Wisconsin Press, vol. 27(2), pages 233-255.
- Sanders Korenman & David Neumark, 1990. "Marriage, Motherhood, and Wages," NBER Working Papers 3473, National Bureau of Economic Research, Inc.
- Lam, David & Schoeni, Robert F, 1993. "Effects of Family Background on Earnings and Returns to Schooling: Evidence from Brazil," Journal of Political Economy, University of Chicago Press, vol. 101(4), pages 710-740, August.
- Lam. D. & Schoeni, R.F., 1996. "Effects on Family Background on Earnings and Returns to Schooling: Evidence from Brazil," Papers 96-13, RAND - Reprint Series.
- 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.
- Mark Bagnoli & Ted Bergstrom, "undated". "Courtship as a Waiting Game," Papers _030, University of Michigan, Department of Economics.
- Bergstrom, T. & Bagnoli, M., 1990. "Courtship as a Waiting Game," Papers 90-12, Michigan - Center for Research on Economic & Social Theory.
- Bergstrom, T. & Bagnoli, M., 1991. "Courtship as a waiting game," The Warwick Economics Research Paper Series (TWERPS) 386, University of Warwick, Department of Economics.
- Bergstrom, T. & Bagnali, M., 1991. "Courtship as a Waiting Game," Papers 91-3, Michigan - Center for Research on Economic & Social Theory.
- Keeley, Michael C, 1977. "The Economics of Family Formation," Economic Inquiry, Western Economic Association International, vol. 15(2), pages 238-250, April.
- Becker, Gary S, 1974. "A Theory of Marriage: Part II," Journal of Political Economy, University of Chicago Press, vol. 82(2), pages 11-26, Part II, .
- Gary S. Becker, 1974. "A Theory of Marriage: Part II," NBER Chapters, in: Marriage, Family, Human Capital, and Fertility, pages 11-26 National Bureau of Economic Research, Inc.
- Becker, Gary S, 1973. "A Theory of Marriage: Part I," Journal of Political Economy, University of Chicago Press, vol. 81(4), pages 813-846, July-Aug.. Full references (including those not matched with items on IDEAS)
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