MALE AND FEMALE MARRIAGE RETURNS TO SCHOOLING

Gustaf Bruze

21 citations0/0 files storedInternational Economic Review

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Gender, Labor, and Family Dynamics Family Dynamics and Relationships Labor market dynamics and wage inequality

Abstract

A collective marriage matching model is estimated and calibrated to quantify the share of returns to schooling that is realized through marriage. The predictions of the model are matched with detailed Danish household data on the relationship between schooling and wage rates, the division of time and goods within the household, and the extent to which men and women sort positively on several traits in marriage. Counterfactual analysis conducted with the model suggests that Danish men and women are earning on the order of half of their returns to schooling through improved marital outcomes.

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References

1991A Treatise on the Family 1962College Admissions and the Stability of Marriage 1999The Causal Effect of Education on Earnings 1986Human Capital and the Rise and Fall of Families 1989A Method of Simulated Moments for Estimation of Discrete Response Models Without Numerical Integration 1988Rational Household Labor Supply 1989Simulation and the Asymptotics of Optimization Estimators 1977Estimating the Returns to Schooling: Some Econometric Problems

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