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MALE AND FEMALE MARRIAGE RETURNS TO SCHOOLING
Author(s) -
Bruze Gustaf
Publication year - 2015
Publication title -
international economic review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.658
H-Index - 86
eISSN - 1468-2354
pISSN - 0020-6598
DOI - 10.1111/iere.12100
Subject(s) - danish , counterfactual thinking , matching (statistics) , economics , wage , demographic economics , order (exchange) , division of labour , marriage market , labour economics , psychology , social psychology , statistics , market economy , philosophy , linguistics , mathematics , finance
A collective marriage matching model is estimated and calibrated to quantify the share of returns to schooling that is realized through marriage. The predictions of the model are matched with detailed Danish household data on the relationship between schooling and wage rates, the division of time and goods within the household, and the extent to which men and women sort positively on several traits in marriage. Counterfactual analysis conducted with the model suggests that Danish men and women are earning on the order of half of their returns to schooling through improved marital outcomes.