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This study employs Chilean administrative data to investigate the impact of School Starting Age (SSA) on the characteristics of students' initial enrolled schools. Employing minimum age requirements and an RD-design to mitigate endogeneity concerns, we identify benefits linked to commencing...
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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
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
In the second part of the paper I extend the model to a finite number of periods and, using fertility data, show that two mechanisms described above may have acted as persistence mechanisms after a fertility shock like the baby boom in the U.S. Specifically, I show that demographic dynamics may...
Persistent link: https://www.econbiz.de/10011080598