Read e-book online The Marriage Motive: A Price Theory of Marriage: How PDF
By Shoshana Grossbard
ISBN-10: 1461416221
ISBN-13: 9781461416227
ISBN-10: 146141623X
ISBN-13: 9781461416234
While this publication includes a variety of evidence and empirical findings and touches on coverage matters, its major contribution to the present literature lies within the theoretical standpoint it deals. The middle of this e-book is a normal equilibrium idea of work and marriage offered in bankruptcy 2, which gives the conceptual framework for the remainder of the chapters. significant implications of the idea are intercourse ratio results and compensating differentials in marriage. The publication demonstrates how a couple of middle suggestions, associated through financial research, aid clarify a large number of findings in accordance with statistical analyses of knowledge from a wide selection of cultures. it's was hoping that readers of this booklet will enhance their realizing of ways marriage works to assist us layout greater fiscal and social guidelines in addition to aid humans dwell greater and happier lives, making the ebook of curiosity not to in basic terms economists yet sociologists and anthropologists as well.
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Extra info for The Marriage Motive: A Price Theory of Marriage: How Marriage Markets Affect Employment, Consumption, and Savings
Example text
3 representing two supplies of labor, each associated with a different price of WiHo, y0 and y1, where y1 > y0. If the wage in the labor market rises from w0 and w1 and the price of WiHo does not change, the representative individual will move along his or her supply of labor 50 4 How Marriage Markets Affect Allocation and Valuation of Time … Fig.
Gender Differentials in Income Effect on Labor Supply Testable Implication TU2: If gender roles are traditional and all nonwage incomes change by the same proportion, these changes are likely to have different effects on men and women’s labor supply. 2a and b shows markets for WiHo denoted by h. 2a men are the principal WiHo-workers, and demand is by women. 2b women are the principal WiHo-workers, and demand is by men. The initial equilibrium prices e in the two markets are y f and yme . Assume that nonwage income increases at the macro level, and that this translates into income increases for all men and women.
U. O. Schmelz, P. Gerson and S. DellaPergola. Jerusalem: Hebrew University Institute Contemporary Jewry. Grossbard-Shechtman, Amyra. 1984. A theory of allocation of time in markets for labor and marriage. Economic Journal 94:863–882. Rao, V. 1993. The rising price of husbands: A hedonic analysis of dowry increases in rural India. Journal of Political Economy 101 (4): 666–677. Rosen, Sherwin. 1974. Hedonic prices and implicit markets: Product differentiation in pure competition. Journal of Political Economy 82 (1): 34–55.
The Marriage Motive: A Price Theory of Marriage: How Marriage Markets Affect Employment, Consumption, and Savings by Shoshana Grossbard
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