Accounting for Age in Marital Search Decisions
نویسندگان
چکیده
The quality of spouse a woman is willing to marry varies significantly over her lifecycle, first increasing rapidly then falling more slowly as she ages. Men have a similar but less pronounced pattern. We document this and other facts on the quality of chosen spouses depending on the age of marriage. We then interpret these facts in the framework of a non-stationary sequential search model, which points to declining frequency of marriage opportunities and declining utility from unmarried life as the main determinants of these patterns. For men, only the former seems to be responsible.
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تاریخ انتشار 2012