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Marriage and Marriage Markets

Author

Listed:
  • Grossbard, Shoshana

    (San Diego State University)

Abstract

This paper reviews models of marriage, with special emphasis on how the sex ratio (the ratio of marriageable men to women) can help explain measurable outcomes such as marriage formation, intra-marriage distribution of consumption goods, savings, labor supply, leisure, type of relationship, divorce, and intermarriage. Predictions are based on Demand and Supply analyses by Becker and the author. Evidence in support of the predictions is reported, most of it based on recent literature.

Suggested Citation

  • Grossbard, Shoshana, 2016. "Marriage and Marriage Markets," IZA Discussion Papers 10312, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izadps:dp10312
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    File URL: https://docs.iza.org/dp10312.pdf
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    References listed on IDEAS

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    1. Rao, Vijayendra, 1993. "The Rising Price of Husbands: A Hedonic Analysis of Dowry Increases in Rural India," Journal of Political Economy, University of Chicago Press, vol. 101(4), pages 666-677, August.
    2. Duncan Thomas, 1990. "Intra-Household Resource Allocation: An Inferential Approach," Journal of Human Resources, University of Wisconsin Press, vol. 25(4), pages 635-664.
    3. Grossbard, Shoshana, 1976. "An economic analysis of polygamy," MPRA Paper 81135, University Library of Munich, Germany.
    4. Gronau, Reuben, 1977. "Leisure, Home Production, and Work-The Theory of the Allocation of Time Revisited," Journal of Political Economy, University of Chicago Press, vol. 85(6), pages 1099-1123, December.
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    6. Shang-Jin Wei & Xiaobo Zhang, 2011. "The Competitive Saving Motive: Evidence from Rising Sex Ratios and Savings Rates in China," Journal of Political Economy, University of Chicago Press, vol. 119(3), pages 511-564.
    7. Barry Chiswick & Christina Houseworth, 2011. "Ethnic intermarriage among immigrants: human capital and assortative mating," Review of Economics of the Household, Springer, vol. 9(2), pages 149-180, June.
    8. Charles Yuji Horioka & Akiko Terada-Hagiwara, 2016. "The Impact of Pre-marital Sex Ratios on Household Saving in Two Asian Countries: The Competitive Saving Motive Revisited," ISER Discussion Paper 0975, Institute of Social and Economic Research, Osaka University.
    9. Charles Yuji Horioka & Akiko Terada-Hagiwara, 2017. "The impact of sex ratios before marriage on household saving in two Asian countries: The competitive saving motive revisited," Review of Economics of the Household, Springer, vol. 15(3), pages 739-757, September.
    10. Grossbard-Shechtman, Shoshana Amyra, 1984. "A Theory of Allocation of Time in Markets for Labour and Marriage," Economic Journal, Royal Economic Society, vol. 94(376), pages 863-882, December.
    11. Ran Abramitzky & Adeline Delavande & Luis Vasconcelos, 2011. "Marrying Up: The Role of Sex Ratio in Assortative Matching," American Economic Journal: Applied Economics, American Economic Association, vol. 3(3), pages 124-157, July.
    12. Browning,Martin & Chiappori,Pierre-André & Weiss,Yoram, 2014. "Economics of the Family," Cambridge Books, Cambridge University Press, number 9780521795395.
    13. Grossbard-Shechtman, Shoshana & Lemennicier, Bertrand, 2000. "Marriage contracts and the law-and-economics of marriage: an Austrian perspective," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 28(6), pages 665-690, June.
    14. Chiappori, Pierre-Andre, 1997. "Introducing Household Production in Collective Models of Labor Supply," Journal of Political Economy, University of Chicago Press, vol. 105(1), pages 191-209, February.
    15. Edwin Wong, 2015. "Marital bargaining in the demand for life insurance: evidence from the Health and Retirement Study," Review of Economics of the Household, Springer, vol. 13(2), pages 243-268, June.
    16. Maria Porter, 2016. "How do sex ratios in China influence marriage decisions and intra-household resource allocation?," Review of Economics of the Household, Springer, vol. 14(2), pages 337-371, June.
    17. Dirk Bethmann & Robert Rudolf, 2018. "Happily ever after? Intrahousehold bargaining and the distribution of utility within marriage," Review of Economics of the Household, Springer, vol. 16(2), pages 347-376, June.
    18. Philip H. Brown, 2009. "Dowry and Intrahousehold Bargaining: Evidence from China," Journal of Human Resources, University of Wisconsin Press, vol. 44(1).
    19. Apps, Patricia F & Rees, Ray, 1997. "Collective Labor Supply and Household Production," Journal of Political Economy, University of Chicago Press, vol. 105(1), pages 178-190, February.
    20. Grossbard, Shoshana, 2010. "How “Chicagoan” Are Gary Becker’S Economic Models Of Marriage?," Journal of the History of Economic Thought, Cambridge University Press, vol. 32(3), pages 377-395, September.
    21. Shoshana Amyra Grossbard & Alfredo Marvao Pereira & Shoshana Grossbard, 2010. "Will Women Save more than Men? A Theoretical Model of Savings and Marriage," CESifo Working Paper Series 3146, CESifo.
    22. Grossbard-Shechtman, Shoshana & Granger, Clive, 1998. "Women’s Jobs and Marriage: Baby-Boom versus Baby-Bust (Travail des Femmes et Mariage: du baby-boom au baby-bust)," MPRA Paper 81359, University Library of Munich, Germany.
    23. Browning, Martin & Francois Bourguignon & Pierre-Andre Chiappori & Valerie Lechene, 1994. "Income and Outcomes: A Structural Model of Intrahousehold Allocation," Journal of Political Economy, University of Chicago Press, vol. 102(6), pages 1067-1096, December.
    24. Manser, Marilyn & Brown, Murray, 1980. "Marriage and Household Decision-Making: A Bargaining Analysis," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 21(1), pages 31-44, February.
    25. repec:cai:popine:popu_p1998_53n4_0752 is not listed on IDEAS
    26. Ekert-Jaffe, Olivia & Grossbard, Shoshana, 2008. "Does community property discourage unpartnered births?," European Journal of Political Economy, Elsevier, vol. 24(1), pages 25-40, March.
    27. Shoshana Grossbard & Lisa Jepsen, 2008. "The economics of gay and lesbian couples: Introduction to a special issue on gay and lesbian households," Review of Economics of the Household, Springer, vol. 6(4), pages 311-325, December.
    28. Becker, Gary S, 1973. "A Theory of Marriage: Part I," Journal of Political Economy, University of Chicago Press, vol. 81(4), pages 813-846, July-Aug..
    29. Eugene Choo & Aloysius Siow, 2006. "Who Marries Whom and Why," Journal of Political Economy, University of Chicago Press, vol. 114(1), pages 175-201, February.
    30. Marjorie B. McElroy, 1990. "The Empirical Content of Nash-Bargained Household Behavior," Journal of Human Resources, University of Wisconsin Press, vol. 25(4), pages 559-583.
    31. Pierre-André Chiappori & Bernard Salanié, 2016. "The Econometrics of Matching Models," Journal of Economic Literature, American Economic Association, vol. 54(3), pages 832-861, September.
    32. Pierre-Andre Chiappori & Bernard Fortin & Guy Lacroix, 2002. "Marriage Market, Divorce Legislation, and Household Labor Supply," Journal of Political Economy, University of Chicago Press, vol. 110(1), pages 37-72, February.
    33. McElroy, Marjorie B & Horney, Mary Jean, 1981. "Nash-Bargained Household Decisions: Toward a Generalization of the Theory of Demand," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 22(2), pages 333-349, June.
    Full references (including those not matched with items on IDEAS)

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    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Marriage and Marriage Markets
      by maximorossi in NEP-LTV blog on 2016-11-14 22:45:30

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    Cited by:

    1. Robert A. Pollak, 2019. "How Bargaining in Marriage Drives Marriage Market Equilibrium," Journal of Labor Economics, University of Chicago Press, vol. 37(1), pages 297-321.

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    More about this item

    Keywords

    consumption; savings; sex ratio; marriage markets; marriage; labor supply; cohort;
    All these keywords.

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • R2 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis

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