An economic model of early marriage
Zaki Wahhaj
Journal of Economic Behavior & Organization, 2018, vol. 152, issue C, 147-176
Abstract:
To explain female adolescent marriage patterns around the world, we develop a marriage market model with asymmetric information about prospective marriage partners, and a noisy signal about the bride’s quality during an engagement. In equilibrium, there is a negative relationship between the age and perceived quality of women on the marriage market and, consistent with available evidence, older brides make higher net marriage payments. The model also implies path dependence in the evolution of adolescent marriage practices over time and persistent effects on marriage practices from transitory shocks. Model simulations show interventions which increase the opportunity cost of early marriage attenuates the association between bride quality and age, triggering a virtuous cycle of marriage postponement.
Keywords: Marriage market; Gender; Adolescent development; Fertility; Dowry (search for similar items in EconPapers)
JEL-codes: D83 J12 J16 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0167268118301562
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:jeborg:v:152:y:2018:i:c:p:147-176
DOI: 10.1016/j.jebo.2018.06.001
Access Statistics for this article
Journal of Economic Behavior & Organization is currently edited by Houser, D. and Puzzello, D.
More articles in Journal of Economic Behavior & Organization from Elsevier
Bibliographic data for series maintained by Catherine Liu ().