Data and Code for "Household Search and the Marital Wage Premium"
收藏ICPSR2021-01-01 更新2026-04-16 收录
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资源简介:
We develop a model where selection into marriage and household search generate a marital wage premium. Beyond selection, married individuals earn higher wages for two reasons. First, income pooling within a joint household raises risk-averse individuals' reservation wages. Second, married individuals climb the job ladder faster, as they internalize that higher wages increase their partner's selectivity over offers. Specialization according to comparative advantage in search generates a premium that increases in spousal education, as in the data. Quantitatively, household search explains 10-33% and 20-58% of the premium for males and females respectively, and accounts for its increase with spousal education.<br>
提供机构:
Federal Reserve Bank of New York; Carnegie Mellon University
创建时间:
2021-01-01



