Testing for Utility Interdependence in Marriage: Evidence from Panel Data

Nattavudh Powdthavee

No 269599, Economic Research Papers from University of Warwick - Department of Economics

Abstract: This paper is the first of its kind to study utility interdependence in marriage using information on subjective well-being of a large sample of people living in the UK over the period 1991-2001. Using “residual” self-rated health to provide instrument for spouse’s well-being and allowing controls on individual fixed effects, we find strong evidence of altruism represented by interdependent relationships in the reported well-being found only among spouses, and not by partners in cohabiting union. Panel data also show that the well-being impact resulting from “caring” can be used to predict future income, unemployment, and marital status for the individuals.

Keywords: Institutional and Behavioral Economics; Labor and Human Capital (search for similar items in EconPapers)
Pages: 44
Date: 2004-04-04
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://ageconsearch.umn.edu/record/269599/files/twerp705.pdf (application/pdf)
https://ageconsearch.umn.edu/record/269599/files/twerp705.pdf?subformat=pdfa (application/pdf)

Related works:
Working Paper: Testing for Utility Interdependence in Marriage: Evidence from Panel Data (2004)
Working Paper: TESTING FOR UTILITY INTERDEPENDENCE IN MARRIAGE: EVIDENCE FROM PANEL DATA (2004)
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:ags:uwarer:269599

DOI: 10.22004/ag.econ.269599

Access Statistics for this paper

More papers in Economic Research Papers from University of Warwick - Department of Economics
Bibliographic data for series maintained by AgEcon Search ().