Showing 1 - 8 of 8
I develop an equilibrium, a two-sided search model of marriage with endogenous population growth, to study the interaction between fertility, the age structure of the population and the age of men and women at first marriage. Within a simple two-period overlapping generation model, I show that...
Persistent link: https://www.econbiz.de/10009475523
In first marriages in the United States grooms are on average 1.7 years older than their brides, the life-cycle profile of this age gap is increasing both for the grooms and for the brides, and it is steeper for the grooms. To address these issues we construct a general equilibrium model economy...
Persistent link: https://www.econbiz.de/10010553262
It is commonly observed that over time and across societies, women tend to marry older men. The traditional explanation for this phenomenon is that wages increase with age and hence older men are more attractive in the marriage market. This explanation, however, involves an implicit assumption...
Persistent link: https://www.econbiz.de/10010261842
We study the steady state of an overlapping generations economy where singles search for spouses. In our model economy men and women live for many years and they differ in their fecundity, in their earnings, and in their survival probabilities. These three features are age-dependent and...
Persistent link: https://www.econbiz.de/10010268630
I develop an equilibrium, two-sided search model of marriage with endogenous population growth to study the interaction between fertility, the age structure of the population and the age at first marriage of men and women. Within a simple two-period overlapping generation model I show that,...
Persistent link: https://www.econbiz.de/10010274600
We study the steady state of an overlapping generations economy where singles search for spouses. In our model economy men and women live for many years and they differ in their fecundity, in their earnings, and in their survival probabilities. These three features are age-dependent and...
Persistent link: https://www.econbiz.de/10005763512
It is commonly observed that over time and across societies, women tend to marry older men. The traditional explanation for this phenomenon is that wages increase with age and hence older men are more attractive in the marriage market. This explanation, however, involves an implicit assumption...
Persistent link: https://www.econbiz.de/10005762247
I develop an equilibrium, two-sided search model of marriage with endogenous population growth to study the interaction between fertility, the age structure of the population and the age at first marriage of men and women. Within a simple two-period overlapping generation model I show that,...
Persistent link: https://www.econbiz.de/10008682247