Unobservable individual effects, marriage and the earnings of young men

被引:55
作者
Cornwell, C [1 ]
Rupert, P [1 ]
机构
[1] FED RESERVE BANK CLEVELAND, CLEVELAND, OH 44114 USA
关键词
D O I
10.1111/j.1465-7295.1997.tb01910.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
While there is compelling evidence that married men earn more than unmarried men, the source of this premium remains unsettled. Using panel data from the National Longitudinal Survey of Young Men, we show that much of the premium normally attributed to marriage is associated with unobservable individual effects that are correlated with marital status and wages. To the extent there is a gain, it is purely an intercept shift and no more than 5% to 7%. Our findings cast doubt on the interpretation that marriage enhances productivity through specialization.
引用
收藏
页码:285 / 294
页数:10
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