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Educational Homogamy: Preferences or Opportunities?

Michael Svarer and Helena Nielsen

Economics Working Papers from Department of Economics and Business Economics, Aarhus University

Abstract: Individuals match on length and type of education. We investigate whether the systematic relationship between educations of partners is explained by opportuni- ties (e.g. low search frictions) or preferences (e.g. complementarities in household production or portfolio optimization). We find that half of the systematic sorting on education is due to low search frictions in marriage markets of the educational institutions. The other half is attributed to complementarities in household pro- duction, since income properties of the joint income process show no influence on partner selection.

Keywords: positive assortative matching on education; search frictions; hedging; complementarities in household production (search for similar items in EconPapers)
JEL-codes: J12 J24 (search for similar items in EconPapers)
Pages: 33
Date: 2006-08-16
New Economics Papers: this item is included in nep-edu and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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Working Paper: Educational Homogamy: Preferences or Opportunities? (2006) Downloads
Working Paper: Educational Homogamy: Preferences or Opportunities? (2006) Downloads
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