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A Search Model of Marriage with Differential Fecundity

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dc.creator Giolito, Eugenio P.
dc.date 2004
dc.date.accessioned 2013-10-16T07:09:58Z
dc.date.available 2013-10-16T07:09:58Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20317
dc.identifier ppn:384013112
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20317
dc.description It is commonly observed that over time and across societies, women tend to marry older men. The traditional explanation for this phenomenon is that wages increase with age and hence older men are more attractive in the marriage market. This explanation, however, involves an implicit assumption about female specialization in home production - an assumption that does not completely hold, especially in modern times. This paper shows that a marriage market equilibrium where women marry earlier in life than men can be achieved without making any assumptions about the wage process or gender roles. The only driving force in this model is the asymmetry in fecundity horizons between men and women. When the model is calibrated with Census Data, the average age at first marriage and the pattern of the sex ratio of single men to single women over different age groups mimics the patterns observed in developed countries during the last decade (e.g. France, the U.S. and Sweden).
dc.language eng
dc.publisher
dc.relation IZA Discussion paper series 1082
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject D83
dc.subject J12
dc.subject ddc:330
dc.subject marriage markets
dc.subject search
dc.subject sex ratio
dc.subject Ehe
dc.subject Suchtheorie
dc.subject Geschlecht
dc.subject Fruchtbarkeit
dc.subject Overlapping Generations
dc.subject Theorie
dc.title A Search Model of Marriage with Differential Fecundity
dc.type doc-type:workingPaper


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