A Joint Model of Marriage and Partner Choice

@inproceedings{Rose2007AJM,
  title={A Joint Model of Marriage and Partner Choice},
  author={Elaina Rose},
  year={2007}
}
This paper models the effect of own and parents’ education, and race on the decision to marry and the education of a partner, conditional on marriage. In the theoretical model, individuals choose their optimal feasible spouse type in the marriage market, and will marry if utility from marriage to that spouse is greater than the utility from being single. I estimate the implied selection model and find positive selection into marriage in terms of unobservables. Inferences based OLS estimates… CONTINUE READING

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