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Making Yourself Attractive: Pre-Marital Investments and the Returns to Education in the Marriage Market

  • Jeanne Lafortune

This paper explores how a rise in a gender's scarcity may impact educational investments using exogenous variation in the marriage market of second generation Americans in early 20th century. Theoretically, one may expect this to occur through two potential channels: a change in matching possibilities or in post-match bargaining. Empirically, I find that worse marriage market conditions spurs higher pre-marital investments: the effect for males is significant (0.2 years of education for one standard deviation in the sex ratio) while for females, it is only observed in highly endogamous groups. When faced with an exogenously larger number of males per females, males’ marriages appear to be less stable and more likely to involve natives and more educated spouses while women are less likely to work and, for those in high endogamous groups, marry more immigrants.

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File URL: http://www.economia.uc.cl/docs/dt_422.pdf
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Paper provided by Instituto de Economia. Pontificia Universidad Católica de Chile. in its series Documentos de Trabajo with number 422.

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Date of creation: 2012
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Handle: RePEc:ioe:doctra:422
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  17. Furtado, Delia & Theodoropoulos, Nikolaos, 2008. "Interethnic Marriage: A Choice between Ethnic and Educational Similarities," IZA Discussion Papers 3448, Institute for the Study of Labor (IZA).
  18. Michael Kvasnicka & Dirk Bethmann, 2007. "World War II, Missing Men, and Out-of-wedlock Childbearing," Discussion Paper Series 0730, Institute of Economic Research, Korea University.
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