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Human Capital Investments, Differential Fecundity, and the Marriage Market

Hanzhe Zhang

No 2018-7, Working Papers from Michigan State University, Department of Economics

Abstract: This paper provides a model that can explain why women go to college at higher rates but have lower average incomes than men in the US and other countries. Differential fecundity and a general-equilibrium marriage-market effect form the basis of our explanation. The model can also explain the relationships between age at marriage and personal midlife income for men and for women as well as the relationship between age at marriage and spousal midlife income for women. Our explanations for these facts are supported by empirical evidence and calibration results.

Keywords: college gender gap; relationships between age at marriage and income (search for similar items in EconPapers)
JEL-codes: C78 D01 J11 (search for similar items in EconPapers)
Pages: 50 pages
Date: 2018-10-18
New Economics Papers: this item is included in nep-lab
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http://econ.msu.edu/repec/wp/1806InvestMarriage.pdf Full text (application/pdf)

Related works:
Working Paper: An Investment-and-Marriage Model with Differential Fecundity (2019) Downloads
Working Paper: An Investment-and-Marriage Model with Differential Fecundity (2019) Downloads
Working Paper: Higher Career Cost Can Actually Explain Why More Women Than Men Go to College (2017) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ris:msuecw:2018_007

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