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Title: The Effect of Bargaining Positions in Marriage on Human Capital Accumulation
Resulting in 1 citation.
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Lewis-Faupel, Sean C. |
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The Effect of Bargaining Positions in Marriage on Human Capital Accumulation Presented: New Orleans LA, Population Association of America Annual Meeting, April 2013 Cohort(s): NLSY79 Publisher: Population Association of America Keyword(s): Bargaining Model; Education; Human Capital; Income; Labor Force Participation; Marriage Permission to reprint the abstract has not been received from the publisher. When bargaining occurs within a marriage and bargaining positions are determined by unmarried income potential, agents should accumulate higher levels of human capital than they would given market returns only. Past work on life-cycle human capital decisions either does not model bargaining in the marriage or only describes theoretical outcomes of bargaining without making empirical measurements. I construct a multi-period model of education, labor market, and marriage decisions in which agents account for the bargaining environment of marriage. After estimating parameters using data from the NLSY79, I measure the additional education and labor hours induced by bargaining in the marriage. |
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Bibliography Citation
Lewis-Faupel, Sean C. "The Effect of Bargaining Positions in Marriage on Human Capital Accumulation." Presented: New Orleans LA, Population Association of America Annual Meeting, April 2013. |