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It is well known that female age at first marriage positively correlates with male income inequality. The common interpretation of this fact is that marital search takes longer when the pool of potential mates is more unequal. This paper challenges that interpretation with a novel econometric method. I utilize the fact that the female age at first marriage was shown to be a sum of a skewed term, possibly related to search, and a normally distributed residual. I estimate search duration as the expected skewed term. I find that in the American data this term does not positively correlate with male income inequality and female education.
Any opinions expressed in this paper are those of the author(s) and not those of IZA. Research published in this series may include views on policy, but IZA takes no institutional policy positions. The IZA research network is committed to the IZA Guiding Principles of Research Integrity. The IZA Institute of Labor Economics is an independent economic research institute that conducts research in labor economics and offers evidence-based policy advice on labor market issues. Supported by the Deutsche Post Foundation, IZA runs the world's largest network of economists, whose research aims to provide answers to the global labor market challenges of our time. Our key objective is to build bridges between academic research, policymakers and society. IZA Discussion Papers often represent preliminary work and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. A revised version may be available directly from the author.
In this paper, I address the U-shaped dynamics (a decrease followed by an increase) in the age at first marriage during the twentieth century. First, I show that the U-shaped dynamics have been steeper in Western that in other countries. Second, I find that these dynamics in the West are strongly related to the post-World War II (WWII) economic growth. By contrast, in the nineteenth and the first half of the twentieth centuries age of marriage was much less correlated across Western countries. I propose a simple model where age of marriage is a function of search frictions and married women's labor force participation. Both factors put together generate U-shaped dynamics as a result of an industrial boom that mimics the post-WWII Western economic development.
Any opinions expressed in this paper are those of the author(s) and not those of IZA. Research published in this series may include views on policy, but IZA takes no institutional policy positions. The IZA research network is committed to the IZA Guiding Principles of Research Integrity. The IZA Institute of Labor Economics is an independent economic research institute that conducts research in labor economics and offers evidence-based policy advice on labor market issues. Supported by the Deutsche Post Foundation, IZA runs the world's largest network of economists, whose research aims to provide answers to the global labor market challenges of our time. Our key objective is to build bridges between academic research, policymakers and society. IZA Discussion Papers often represent preliminary work and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. A revised version may be available directly from the author.
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