Women's College Decisions: How Much Does Marriage Matter?
56 Pages Posted: 10 Apr 2009 Last revised: 8 Apr 2011
Date Written: March 6, 2008
This paper investigates the sequential college attendance decisions of young women and quantifies the impact of marriage expectations on their decisions to attend and graduate from college. A dynamic choice model of college attendance, labor supply, and marriage is formulated and structurally estimated using panel data from the National Longitudinal Survey of Youth 1979 (NLSY79). The model is used to simulate the effects of no marriage benefits and finds that the predicted college attendance rate would drop from 61% to 56%. Using the estimated model, the college attendance behavior for a younger cohort (data taken from the NLSY97) is predicted and used to validate the behavioral model.
Keywords: college, marriage, assortative mating, NLSY, women
JEL Classification: J12, J22, I21
Suggested Citation: Suggested Citation