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Who Marries Whom and Why

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Author Info
Eugene Choo
Aloysius Siow

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Abstract

This paper proposes and estimates a static transferable utility model of the marriage market. The model generates a nonparametric marriage matching function with spillover effects. It rationalizes the standard interpretation of marriage rate regressions and points out its limitations. The model was used to estimate U.S. marital behavior in 1971/72 and 1981/82. The marriage matching function estimates show that the gains to marriage for young adults fell substantially over the decade. Unlike contradictory marriage rate regression results, the marriage matching function estimates showed that the legalization of abortion had a significant quantitative impact on the fall in the gains to marriage for young men and women.

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File URL: http://www.journals.uchicago.edu/cgi-bin/resolve?JPE30076PDF
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Publisher Info
Article provided by University of Chicago Press in its journal Journal of Political Economy.

Volume (Year): 114 (2006)
Issue (Month): 1 (February)
Pages: 175-201
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Handle: RePEc:ucp:jpolec:v:114:y:2006:i:1:p:175-201

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  3. Greenwood, Jeremy & Guner, Nezih, 2007. "Marriage and Divorce since World War II: Analyzing the Role of Technological Progress on the Formation of Households," CEPR Discussion Papers 6391, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  4. Olivia Ekert-Jaffe & Shoshana Grossbard, 2007. "Does Community Property Discourage Unpartnered Births?," IZA Discussion Papers 2816, Institute for the Study of Labor (IZA). [Downloadable!]
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  5. Belot, Michèle & Francesconi, Marco, 2006. "Can Anyone be 'The One'? Evidence on Mate Selection from Speed Dating," CEPR Discussion Papers 5926, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  6. Melvyn G. Coles & Marco Francesconi, 2007. "On the Emergence of Toyboys: Equilibrium Matching with Ageing and Uncertain Careers," IZA Discussion Papers 2612, Institute for the Study of Labor (IZA). [Downloadable!]
  7. David Bishai & Shoshana Grossbard, 2007. "Far Above Rubies: The Association Between Bride Price and Extramarital Sexual Relations in Uganda," IZA Discussion Papers 2982, Institute for the Study of Labor (IZA). [Downloadable!]
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  9. Patrick Bajari & Jeremy T. Fox, 2004. "Should Governments Auction Nationwide Spectrum Licenses? Estimating Bidder Valuations," Working Papers 04-15, NET Institute, revised Sep 2004. [Downloadable!]
  10. Loren Brandt & Aloysius Siow & Carl Vogel, 2008. "Large Shocks and Small Changes in the Marriage Market for Famine Born Cohorts in China," Working Papers tecipa-334, University of Toronto, Department of Economics. [Downloadable!]
  11. Eugene Choo & Shannon Seitz & Aloysius Siow, 2008. "Marriage matching, risk sharing and spousal labor supplies," Working Papers tecipa-332, University of Toronto, Department of Economics. [Downloadable!]
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