Assortative mating versus the cross-productivity effect
This paper shows how the allowance for unobserved ability and assortative mating will change the interpretation of the coefficient on own education in a log wage equation. Using data from Taiwan it is found that the coefficient on own education is almost zero but that on spouse's education is around 10%. The cross-productivity hypothesis cannot plausibly explain this puzzling result, but the model presented in this paper can.
Year of publication: |
1999
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Authors: | Liu, Pak-Wai ; Zhang, Junsen |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 6.1999, 8, p. 523-525
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Publisher: |
Taylor & Francis Journals |
Saved in:
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