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Accounting for age in marital search decisions

İsim Accounting for age in marital search decisions
Yazar Akın, Şerife Nuray, Platt, B. C.
Basım Tarihi: 2016-06
Basım Yeri - Elsevier
Konu Marriage market frictions, Spouse quality, Reservation quality over the lifecycle, Non-stationary search, Mismatch
Tür Süreli Yayın
Dil İngilizce
Dijital Evet
Yazma Hayır
Kütüphane: Özyeğin Üniversitesi
Demirbaş Numarası 0014-2921
Kayıt Numarası 4d43f521-278f-4cb3-8a31-2f7deea84938
Lokasyon Economics
Tarih 2016-06
Örnek Metin Spouse quality, measured by educational attainment, varies significantly with the age at which an individual marries, peaking in the mid-twenties then declining through the early-forties. Interestingly, this decline is much sharper for women than men, meaning women increasingly marry less educated men as they age. Moreover, quality has worsened for educated women over several decades, while it has improved for men. Using a non-stationary sequential search model, we identify and quantify the search frictions that generate these age-dependent marriage outcomes. We find that single-life utility is typically the dominant friction, though college women in the 1950 and 1970 cohorts are affected even more by deteriorating suitor quality. Regardless of educational status, individual choice (as opposed to pure luck) is pivotal in explaining marriage market outcomes earlier in life.
DOI 10.1016/j.euroecorev.2016.02.008
Cilt 85
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Accounting for age in marital search decisions

Yazar Akın, Şerife Nuray, Platt, B. C.
Basım Tarihi 2016-06
Basım Yeri - Elsevier
Konu Marriage market frictions, Spouse quality, Reservation quality over the lifecycle, Non-stationary search, Mismatch
Tür Süreli Yayın
Dil İngilizce
Dijital Evet
Yazma Hayır
Kütüphane Özyeğin Üniversitesi
Demirbaş Numarası 0014-2921
Kayıt Numarası 4d43f521-278f-4cb3-8a31-2f7deea84938
Lokasyon Economics
Tarih 2016-06
Örnek Metin Spouse quality, measured by educational attainment, varies significantly with the age at which an individual marries, peaking in the mid-twenties then declining through the early-forties. Interestingly, this decline is much sharper for women than men, meaning women increasingly marry less educated men as they age. Moreover, quality has worsened for educated women over several decades, while it has improved for men. Using a non-stationary sequential search model, we identify and quantify the search frictions that generate these age-dependent marriage outcomes. We find that single-life utility is typically the dominant friction, though college women in the 1950 and 1970 cohorts are affected even more by deteriorating suitor quality. Regardless of educational status, individual choice (as opposed to pure luck) is pivotal in explaining marriage market outcomes earlier in life.
DOI 10.1016/j.euroecorev.2016.02.008
Cilt 85
Özyeğin Üniversitesi
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