Male Investment in Schooling with Frictional Labour and Marriage Markets
Roberto Bonilla and
Francis Kiraly
No 7901, CESifo Working Paper Series from CESifo
Abstract:
We present an equilibrium model with inter-linked frictional labour and marriage markets. Women’s flow value of being single is treated as given, and it captures returns from employment. Single unemployed men conduct a so-called constrained sequential job search, and can choose to improve their labour market returns as well as their marriage prospects by undertaking a costly ex-ante investment in schooling. We establish the existence of market equilibria where a fraction of men get educated, and show that this fraction decreases if women’s labour market returns increase. We also examine the robustness of such equilibria.
Keywords: returns to education; frictional markets; constrained search (search for similar items in EconPapers)
JEL-codes: D83 I26 J12 J16 J31 (search for similar items in EconPapers)
Date: 2019
New Economics Papers: this item is included in nep-lab and nep-ore
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)
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Journal Article: Male investment in schooling with frictional labour and marriage markets (2024) 
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Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_7901
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