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“A DIAMOND IS FOREVER” AND OTHER FAIRY TALES: THE RELATIONSHIP BETWEEN WEDDING EXPENSES AND MARRIAGE DURATION
Author(s) -
FrancisTan Andrew,
Mialon Hugo M.
Publication year - 2015
Publication title -
economic inquiry
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.823
H-Index - 72
eISSN - 1465-7295
pISSN - 0095-2583
DOI - 10.1111/ecin.12206
Subject(s) - duration (music) , ceremony , demographic economics , demography , economics , psychology , sociology , history , art , literature , archaeology
In this study, we evaluate the association between wedding spending and marriage duration using data from a survey of more than 3,000 ever‐married persons in the United States. Controlling for a number of demographic and relationship characteristics, we find evidence that marriage duration is inversely associated with spending on the engagement ring and wedding ceremony . ( JEL J12, Z1, D1)