The Marriage Market, Labor Supply and Education Choice

Monica Costa-Dias
Additional contact information
Monica Costa-Dias: Institute for Fiscal Studies
Authors registered in the RePEc Author Service: Monica Costa Dias

No 1285, 2016 Meeting Papers from Society for Economic Dynamics

Abstract: We develop an equilibrium life-cycle model of education, marriage and labor supply and consumption in a transferable utility context. Individuals start by choosing their investments in education anticipating returns in the marriage market and the labor market. They then match based on the economic value of marriage and on preferences. Equilibrium in the marriage market determines intra-household allocation of resources. Following marriage households (married or single) save, supply labor and consume private and public under uncertainty. Marriage thus has the dual role of providing public goods and offering risk sharing. The model is estimated using the British Household Panel Survey.

Date: 2016
New Economics Papers: this item is included in nep-dge, nep-ltv and nep-upt
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://red-files-public.s3.amazonaws.com/meetpapers/2016/paper_1285.pdf (application/pdf)

Related works:
Working Paper: The Marriage Market, Labor Supply and Education Choice (2016)
Working Paper: The Marriage Market, Labor Supply and Education Choice (2016)
Working Paper: The marriage market, labour supply and education choice (2016)
Working Paper: The marriage market, labor supply and education choice (2015)
Working Paper: The Marriage Market, Labor Supply and Education Choice (2015)
Working Paper: The marriage market, labor supply and education choice (2015)
Working Paper: The Marriage Market, Labor Supply and Education Choice (2015)
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:red:sed016:1285

Access Statistics for this paper

More papers in 2016 Meeting Papers from Society for Economic Dynamics Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA. Contact information at EDIRC.
Bibliographic data for series maintained by Christian Zimmermann ().