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- Title
Why do People Get Married? An Inframarginal Perspective.
- Authors
Liu, Tie-Ying; Chang, Hsu-Ling; Su, Chi-Wei
- Abstract
This paper constructs an economic model to study the emergence of marriage based on a new infra-marginal general equilibrium analysis. By depicting the commonness and complementarity of marriage, we explain how a single person shifts from being single to being married based on the division of labor. Meanwhile, reduced learning costs will make an individual more willing to abandon the single status, and the number of families in the marriage market will increase. The model reveals the necessary conditions for the existence of marriage and marital stability and explains the dynamic changes in the relative population and the prices of parties in the marriage market.
- Subjects
MARRIAGE &; economics; ECONOMIC equilibrium; SEXUAL division of labor; INTERPERSONAL relations; ECONOMIC models; TRANSACTION costs
- Publication
Social Indicators Research, 2017, Vol 130, Issue 3, p1281
- ISSN
0303-8300
- Publication type
Article
- DOI
10.1007/s11205-016-1232-6