Abstract:
In many countries of Asia, the Middle-East and Africa the average age at marriage of both men and women has been rising significantly, while the difference between the average marriage age of men and women has been declining. Moreover, marriage patterns display a form of dualism: educated men and women marry late while their less educated cohorts marry at an early age. This paper develops an explanation for these trends in terms of the difference in the costs of acquiring education across agents, asymmetric information about these costs and increasing returns to education for women.