Knot yet: minimum marriage age law, marriage delay, and earnings

Despite the historical highs for age at first marriage, little is known about the causal relationship between marriage delay and wages, and more importantly, the mechanisms driving such relationship. We attempt to fill the void. Building on an identification strategy proposed in Dahl (Demography 47:...

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Bibliographic Details
Published in:Journal of population economics 2017-07, Vol.30 (3), p.771-804
Main Authors: Wang, Chunbei, Wang, Le
Format: Article
Language:English
Subjects:
Age
Censuses
Cohabitation
Demography
Earnings
Economics
Economics and Finance
Education
Fertility
Human capital
Hypotheses
Labor Economics
Labor market
Law
Marriage
ORIGINAL PAPER
Population Economics
Social Policy
Specialization
Statistical analysis
Wages & salaries
Women
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Summary:Despite the historical highs for age at first marriage, little is known about the causal relationship between marriage delay and wages, and more importantly, the mechanisms driving such relationship. We attempt to fill the void. Building on an identification strategy proposed in Dahl (Demography 47:689–718, 2010), we first establish the causal wage effects of marriage delay. We then propose ways to distinguish among competing theories and hypotheses, as well as the channels through which marriage delay affects wages. Specifically, we take advantage of their different implications for causal relationship, across gender and sub-populations. We reach two conclusions. First, we find a positive causal impact of marriage delay on wages, with a larger effect for women. Comparison of IV and OLS estimates suggests that the observed relationship between marriage delay and wages is attributed to both selection in late marriages and true causal effects. Second, we find strong evidence that the positive, causal effects are almost exclusively through increased education for both men and women.
ISSN:0933-1433
1432-1475
DOI:10.1007/s00148-017-0632-5