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The Marriage Motive: A Price Theory of Marriage - How Marriage Markets Affect Employment, Consumption, and Savings (Hardcover, 2015 ed.)
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The Marriage Motive: A Price Theory of Marriage - How Marriage Markets Affect Employment, Consumption, and Savings (Hardcover, 2015 ed.)
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While this book contains numerous facts and empirical findings and
touches on policy issues, its main contribution to the existing
literature lies in the theoretical perspective it offers. The core
of this book is a general equilibrium theory of labor and marriage
presented in Chapter 2, which provides the conceptual framework for
the rest of the chapters. Two major implications of the theory are
sex ratio effects and compensating differentials in marriage. The
book demonstrates how a few core concepts, linked via economic
analysis, help explain a multitude of findings based on statistical
analyses of data from a wide variety of cultures. It is hoped that
readers of this book will improve their understanding of how
marriage works to help us design better economic and social
policies as well as help people live better and happier lives,
making the book of interest to not only economists but sociologists
and anthropologists as well.
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