"WHY NOT SETTLE DOWN ALREADY?" A QUANTITATIVE ANALYSIS OF THE DELAY IN MARRIAGE. (28th April 2016)
- Record Type:
- Journal Article
- Title:
- "WHY NOT SETTLE DOWN ALREADY?" A QUANTITATIVE ANALYSIS OF THE DELAY IN MARRIAGE. (28th April 2016)
- Main Title:
- "WHY NOT SETTLE DOWN ALREADY?" A QUANTITATIVE ANALYSIS OF THE DELAY IN MARRIAGE
- Authors:
- Santos, Cezar
Weiss, David - Abstract:
- Abstract : A striking change in American society in the last 40 years has been the decline and delay in marriage. The fraction of young adults who have never been married increased significantly between 1970 and 2000. Idiosyncratic labor income volatility also rose. We establish a quantitatively important link between these facts. If marriage involves consumption commitments, then a rise in income volatility delays marriage. We quantitatively assess this hypothesis vis‐à‐vis others in the literature. Increased volatility accounts for about 20% of the observed delay in marriage and is strong relative to other mechanisms.
- Is Part Of:
- International economic review. Volume 57:Number 2(2016:May)
- Journal:
- International economic review
- Issue:
- Volume 57:Number 2(2016:May)
- Issue Display:
- Volume 57, Issue 2 (2016)
- Year:
- 2016
- Volume:
- 57
- Issue:
- 2
- Issue Sort Value:
- 2016-0057-0002-0000
- Page Start:
- 425
- Page End:
- 452
- Publication Date:
- 2016-04-28
- Subjects:
- Economics -- Periodicals
330.05 - Journal URLs:
- http://onlinelibrary.wiley.com/ ↗
- DOI:
- 10.1111/iere.12163 ↗
- Languages:
- English
- ISSNs:
- 0020-6598
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 4539.791000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 313.xml