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Fertility Shocks and Equilibrium Marriage-Rate Dynamics

Author

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  • John Knowles

    () (Simon Fraser University)

  • Guillaume Vandenbroucke

    () (Federal Reserve Bank of St. Louis)

Abstract

Prolonged disruptions of the matching process can distort the apparent effect of the singles sex-ratio on marriage-market prospects. Contrary to the usual matching model predictions, female marriage probabilities were 50% higher in France in the years after World War 1, despite a large drop in the sex ratio. We develop a model of marital matching in which composition effects in the singles pool affect post-disruption matching rates. When calibrated to French data from World War 1, this mechanism explains 2/3 of the post-war rise in female marriage probabilities as the result of better composition of the pool of single men. We conclude that endogeneity issues make the sex ratio a potentially unreliable indicator of female marriage prospects.

Suggested Citation

  • John Knowles & Guillaume Vandenbroucke, 2018. "Fertility Shocks and Equilibrium Marriage-Rate Dynamics," Discussion Papers dp18-04, Department of Economics, Simon Fraser University.
  • Handle: RePEc:sfu:sfudps:dp18-04
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    References listed on IDEAS

    as
    1. Maristella Botticini & Aloysius Siow, 2006. "Are There Increasing Returns in Marriage Markets?," Boston University - Department of Economics - Working Papers Series WP2006-050, Boston University - Department of Economics.
    2. Christopher A. Pissarides & Barbara Petrongolo, 2001. "Looking into the Black Box: A Survey of the Matching Function," Journal of Economic Literature, American Economic Association, vol. 39(2), pages 390-431, June.
    3. 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)

    More about this item

    Keywords

    Family Economics; Household Formation; Marriage; Fertility;

    JEL classification:

    • D10 - Microeconomics - - Household Behavior - - - General
    • E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
    • J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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