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Does Variance Matter? The Effect of Rising Male Inequality on Female Age at First Marriage

  • David S. Loughran
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    Female age at first marriage and male wage inequality have increased steadily since the late 1960s in the United States. This paper uses a model of female marital search to demonstrate why these two trends could be related. Elementary job search theory, under risk-neutrality, predicts search duration will increase given a mean preserving spread in the distribution of wage offers, because the expected value of continued job search increases.

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    File URL: http://www.rand.org/content/dam/rand/pubs/drafts/2008/DRU2347.pdf
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    Paper provided by RAND Corporation Publications Department in its series Working Papers with number 00-12.

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    Length: 37 pages
    Date of creation: 2000
    Date of revision:
    Handle: RePEc:ran:wpaper:00-12
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