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This paper analyzes marriage market equilibria when the gains from marriage result from joint consumption of household public goods. Assuming transferable utility within marriage, the paper proves that marriage markets will be characterized by positive assortative mating on wealth when spouses...
Persistent link: https://www.econbiz.de/10008598848
We use comparable surveys from Brazil and the United States to examine "vertical" and "horizontal" connections between families. Motivated by a model of assortative mating and intergenerational transmission of schooling and earnings, we include the schooling of relatives in male wage equations....
Persistent link: https://www.econbiz.de/10008506607
We explore the mechanisms driving the negative relationship between parents' schooling and fertility. Brazilian data demonstrate strong negative effects of women's schooling on fertility over the first eight years of schooling. We observe no increase in women's labor supply, however, in spite of...
Persistent link: https://www.econbiz.de/10008457802