Marriage wage premium in a search equilibrium
Roberto Bonilla and
Francis Kiraly
Labour Economics, 2013, vol. 24, issue C, 107-115
Abstract:
In this paper we propose a new theoretical explanation for the existence of male marriage wage premium, based entirely on search frictions. We analyse the interaction of frictional labour and marriage markets. We present and explore a search equilibrium characterised by wage dispersion where only high earning men get married. We also examine other equilibria where the marriage market may or may not influence labour market outcomes.
Keywords: Frictional labour markets; Frictional marriage markets; Marriage wage premium (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:eee:labeco:v:24:y:2013:i:c:p:107-115
DOI: 10.1016/j.labeco.2013.05.004
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