Replication data for: Tying the Double-Knot: The Role of Assets in Marriage Commitment
Principal Investigator(s): View help for Principal Investigator(s) Jeanne Lafortune; Corinne Low
Version: View help for Version V1
| Name | File Type | Size | Last Modified |
|---|---|---|---|
| P2017_1058_data | 12/07/2019 12:55:PM | ||
|
|
text/plain | 14.6 KB | 12/07/2019 07:55:AM |
Project Citation:
Lafortune, Jeanne, and Low, Corinne. Replication data for: Tying the Double-Knot: The Role of Assets in Marriage Commitment. Nashville, TN: American Economic Association [publisher], 2017. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-12-07. https://doi.org/10.3886/E116318V1
Project Description
Summary:
View help for Summary
What explains the growing gap in marriage rates between socioeconomic groups? We present a robust stylized fact not previously documented: marriage rates are higher for individuals with more assets. We argue this may be driven by marriage and cohabitation becoming increasingly similar in a number of ways except for the way assets become marital property to be divided upon divorce in marriage while they remain individual property in the case of cohabitation. We propose that ownership of assets may provide "insurance" to the partner making individually costly, but jointly optimal, investments in children, thus raising the value of marriage.
Scope of Project
JEL Classification:
View help for JEL Classification
D14 Household Saving; Personal Finance
D31 Personal Income, Wealth, and Their Distributions
J12 Marriage; Marital Dissolution; Family Structure; Domestic Abuse
K36 Family and Personal Law
D14 Household Saving; Personal Finance
D31 Personal Income, Wealth, and Their Distributions
J12 Marriage; Marital Dissolution; Family Structure; Domestic Abuse
K36 Family and Personal Law
Related Publications
Published Versions
Report a Problem
Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.
This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.