Download this Paper Open PDF in Browser

Courtship as an Investing Game: Labor-Market and Marriage-Market Outcomes by Age at Marriage

46 Pages Posted: 27 Feb 2014 Last revised: 30 Aug 2017

Hanzhe Zhang

Michigan State University

Date Written: August 23, 2017

Abstract

This paper documents relationships between age at marriage and labor-market outcome reflected by personal income as well as relationships between age at marriage and marriage-market outcome reflected by spousal income for Americans born from 1900s to 1970s, and motivated by these documented relationships, provides a theory based on human capital investments and differential fecundity to explain these relationships, gender differences in these relationships, as well as the changes of these relationships over time, improving the predictions by the seminal theories of Becker (1973, JPE) and Bergstrom and Bagnoli (1993, JPE).

Keywords: age at marriage, differential fecundity, human capital investments

JEL Classification: J11, C78, D1

Suggested Citation

Zhang, Hanzhe, Courtship as an Investing Game: Labor-Market and Marriage-Market Outcomes by Age at Marriage (August 23, 2017). Available at SSRN: https://ssrn.com/abstract=2401468 or http://dx.doi.org/10.2139/ssrn.2401468

Hanzhe Zhang (Contact Author)

Michigan State University ( email )

East Lansing, MI 48824
United States

Paper statistics

Downloads
303
Rank
82,732
Abstract Views
1,561