Returns to education for women, assortative marriage matching, and home production
Year: 2016
Type: report
Abstract: I estimate returns to college education for women, accounting for how assortative marriage matching and the home production technology affect labor supply and fertility choice, based on the National Longitudinal Study of Youth 1979. First, assortative marriage matching accounts for 17% of returns to college education for women with average characteristics. The gain from the outcome of home production, measured by a child’s educational attainment, is a quantitatively important channel. Second, Body Mass Index (BMI) and parents’ education have significant impacts on returns to college education conditional on AFQT scores. Finally, the marriage matching process has a larger impact on students from less affluent family backgrounds in terms of college attainment. For those students, college education is essential to overcoming their disadvantages in the marriage market. ∗Department of Economics, Washington University in St. Louis; email:[email protected]
Author: Sunha Myong
Institution: Washington University in St. Louis
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2748659544