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Title: Unobservable Individual Effects, Marriage and the Earnings of Young Men
Resulting in 1 citation.
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Cornwell, Christopher Rupert, Peter |
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Unobservable Individual Effects, Marriage and the Earnings of Young Men Economic Inquiry 35,2 (April 1997): 285-294. Also: http://onlinelibrary.wiley.com/doi/10.1111/j.1465-7295.1997.tb01910.x/abstract Cohort(s): Young Men Publisher: Western Economic Association International Keyword(s): Earnings; Marital Status; Marriage; Wage Effects; Wages; Wages, Young Men While there is compelling evidence that married men earn more than unmarried men, the source of this premium remains unsettled. Using panel data from the National Longitudinal Survey of Young Men, we show that much of the premium normally attributed to marriage is associated with unobservable individual effects that are correlated with marital status and wages. To the extent there is a gain, it is purely an intercept shift and no more than 5% to 7%. Our findings cast doubt on the interpretation that marriage enhances productivity through specialization. (Copyright Western Economic Association International.) |
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Bibliography Citation
Cornwell, Christopher and Peter Rupert. "Unobservable Individual Effects, Marriage and the Earnings of Young Men." Economic Inquiry 35,2 (April 1997): 285-294.
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