Home > Publications . Search All . Browse All . Country . Browse PSC Pubs . PSC Report Series

PSC In The News

RSS Feed icon

Lam looks at population and development in next 15 years in UN commission keynote address

Mitchell et al. find harsh family environments may magnify disadvantage via impact on 'genetic architecture'

Frey says Arizona's political paradoxes explained in part by demography

Highlights

Raghunathan appointed director of Survey Research Center

PSC newsletter spring 2014 issue now available

Kusunoki wins faculty seed grant award from Institute for Research on Women and Gender

2014 PAA Annual Meeting, May 1-3, Boston

Next Brown Bag

Monday, April 21
Grant Miller: Managerial Incentives in Public Service Delivery

David Lam photo

Marriage Markets and Assortative Mating with Household Public Goods: Theoretical Results and Empirical Implications

Publication Abstract

Lam, David. 1988. "Marriage Markets and Assortative Mating with Household Public Goods: Theoretical Results and Empirical Implications." The Journal of Human Resources, 23(4): 462-87.

This paper analyzes marriage market equilibria when the gains from marriage result from joint consumption of household public goods. Assuming transferable utility within marriage, the paper proves that marriage markets will be characterized by positive assortative mating on wealth when spouses differ only in endowments and the gains to marriage result only from public goods. When spouses differ in wages and household public goods are produced at home, the results imply offsetting effects, with public good economies creating an incentive for positive assortative mating on wages and gains from specialization creating an incentive for negative assortative mating on wages. The results help explain the persistent lack of empirical support for Becker's prediction of negative assortative mating on wages, and have implications for empirical analysis of all joint living arrangement decisions.

Browse | Search : All Pubs | Next