EconPapers    
Economics at your fingertips  
 

Males’ housing wealth and their marriage market advantage

C. Y. Cyrus Chu (), Jou-Chun Lin () and Wen-Jen Tsay ()
Additional contact information
C. Y. Cyrus Chu: Academia Sinica
Jou-Chun Lin: University of California

Journal of Population Economics, 2020, vol. 33, issue 3, No 7, 1005-1023

Abstract: Abstract In theory, people who own real estate should have advantage finding a partner in the marriage market. Empirical analyses along this line, however, face three issues. First, it is difficult to identify any causality for whether housing facilitates marriage or expected marriage facilitates a housing purchase. Second, survey samples usually do not cover very wealthy people, and so the observations are top coding in the wealth dimension. Third, getting married is a dynamic life cycle decision, and rich life-history data are rarely available. This paper uses registry data from Taiwan to estimate the impact of males’ housing wealth on their first-marriage duration, taking into account all three issues mentioned above. We find that a 10% increase in real estate wealth increases probability of a man getting married in any particular year by 3.92%. Our finding suggests that housing or real estate is a status good in the marriage market.

Keywords: Marriage formation; Housing wealth; Status good; Duration model (search for similar items in EconPapers)
JEL-codes: C25 J12 R21 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1007/s00148-019-00763-4 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:jopoec:v:33:y:2020:i:3:d:10.1007_s00148-019-00763-4

Ordering information: This journal article can be ordered from
http://www.springer. ... tion/journal/148/PS2

DOI: 10.1007/s00148-019-00763-4

Access Statistics for this article

Journal of Population Economics is currently edited by K.F. Zimmermann

More articles in Journal of Population Economics from Springer, European Society for Population Economics Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2021-03-28
Handle: RePEc:spr:jopoec:v:33:y:2020:i:3:d:10.1007_s00148-019-00763-4