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Male and Female Marriage Returns to Schooling

  • Bruze, Gustaf


    (Department of Economics, Aarhus School of Business)

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    A collective marriage matching model is estimated and calibrated to quantify the share of returns to schooling that is realized through marriage. The predictions of the model are matched with US data on the relationship between schooling and wage rates, the division of time within the household, and the extent to which men and women sort positively on several traits in marriage. Counterfactual analysis conducted with the model, suggests that US middle aged men and women are earning in the order of 30 percent of their return to schooling through improved marital outcomes.

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    Paper provided by University of Aarhus, Aarhus School of Business, Department of Economics in its series Working Papers with number 10-17.

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    Length: 54 pages
    Date of creation: 01 Nov 2010
    Date of revision:
    Handle: RePEc:hhs:aareco:2010_017
    Contact details of provider: Postal: The Aarhus School of Business, Prismet, Silkeborgvej 2, DK 8000 Aarhus C, Denmark
    Phone: +45 89 486396
    Fax: +45 8615 5175
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    1. Hadfield, Gillian K., 1999. "A coordination model of the sexual division of labor," Journal of Economic Behavior & Organization, Elsevier, vol. 40(2), pages 125-153, October.
    2. Eugene Choo & Shannon Seitz & Aloysius Siow, 2008. "The Collective Marriage Matching Model: Identification, Estimation and Testing," Working Papers tecipa-340, University of Toronto, Department of Economics.
    3. Matthew J. Baker & Joyce P. Jacobsen, 2003. "Marriage, Specialization, and the Gender Division of Labor," Departmental Working Papers 1, United States Naval Academy Department of Economics.
    4. Chiappori, Pierre-André & Fortin, Bernard & Lacroix, Guy, 2001. "Marriage Market, Divorce Legislation and Household Labor Supply," Cahiers de recherche 0103, Université Laval - Département d'économique.
    5. Lars Lefgren & Frank McIntyre, 2006. "The Relationship between Women's Education and Marriage Outcomes," Journal of Labor Economics, University of Chicago Press, vol. 24(4), pages 787-830, October.
    6. Pierre-Andre Chiappori & Murat Iyigun & Yoram Weiss, 2006. "Investment in Schooling and the Marriage Market," DEGIT Conference Papers c011_034, DEGIT, Dynamics, Economic Growth, and International Trade.
    7. Eugene Choo & Aloysius Siow, 2006. "Who Marries Whom and Why," Journal of Political Economy, University of Chicago Press, vol. 114(1), pages 175-201, February.
    8. Linda Y. Wong, 2003. "Why so only 5.5% of Black Men Marry White Women?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 44(3), pages 803-826, 08.
    9. Del Boca, Daniela & Flinn, Christopher, 2005. "Household Time Allocation and Modes of Behavior: A Theory of Sorts," IZA Discussion Papers 1821, Institute for the Study of Labor (IZA).
    10. Iyigun, Murat & Walsh, Randall P., 2005. "Building the Family Nest: Pre-Marital Investments, Marriage Markets and Spousal Allocations," IZA Discussion Papers 1752, Institute for the Study of Labor (IZA).
    11. Jeanne Lafortune, 2012. "Making Yourself Attractive: Pre-Marital Investments and the Returns to Education in the Marriage Market," Documentos de Trabajo 422, Instituto de Economia. Pontificia Universidad Católica de Chile..
    12. Michael Peters & Aloysius Siow, 2001. "Competing Premarital Investment," Working Papers peters-01-02, University of Toronto, Department of Economics.
    13. John Ermisch & Marco Francesconi & Thomas Siedler, 2006. "Intergenerational Mobility and Marital Sorting," Economic Journal, Royal Economic Society, vol. 116(513), pages 659-679, 07.
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