‘A Diamond is Forever’ and Other Fairy Tales: The Relationship between Wedding Expenses and Marriage Duration

17 Pages Posted: 27 Sep 2014

See all articles by Andrew Francis-Tan

Andrew Francis-Tan

National University of Singapore (NUS) - Lee Kuan Yew School of Public Policy

Hugo M. Mialon

Emory University - Department of Economics

Date Written: September 15, 2014

Abstract

In this paper, we evaluate the association between wedding spending and marriage duration using data from a survey of over 3,000 ever-married persons in the United States. Controlling for a number of demographic and relationship characteristics, we find evidence that marriage duration is inversely associated with spending on the engagement ring and wedding ceremony.

Keywords: wedding expenses, engagement ring, marriage duration, divorce

JEL Classification: J12, Z1, D1

Suggested Citation

Francis-Tan, Andrew and Mialon, Hugo M., ‘A Diamond is Forever’ and Other Fairy Tales: The Relationship between Wedding Expenses and Marriage Duration (September 15, 2014). Available at SSRN: https://ssrn.com/abstract=2501480 or http://dx.doi.org/10.2139/ssrn.2501480

Andrew Francis-Tan

National University of Singapore (NUS) - Lee Kuan Yew School of Public Policy ( email )

Singapore 117591
Singapore

Hugo M. Mialon (Contact Author)

Emory University - Department of Economics ( email )

1602 Fishburne Drive
Atlanta, GA 30322
United States

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