Full Citation

Title: Males’ housing wealth and their marriage market advantage

Citation Type: Journal Article

Publication Year: 2020

ISBN:

ISSN: 0933-1433

DOI: 10.1007/s00148-019-00763-4

NSFID:

PMCID:

PMID:

Abstract: In theory, people who own real estate should have advantage finding a partner in the marriage market. Empirical analyses along this line, however, face three issues. First, it is difficult to identify any causality for whether housing facilitates marriage or expected marriage facilitates a housing purchase. Second, survey samples usually do not cover very wealthy people, and so the observations are top coding in the wealth dimension. Third, getting married is a dynamic life cycle decision, and rich life-history data are rarely available. This paper uses registry data from Taiwan to estimate the impact of males’ housing wealth on their first-marriage duration, taking into account all three issues mentioned above. We find that a 10% increase in real estate wealth increases probability of a man getting married in any particular year by 3.92%. Our finding suggests that housing or real estate is a status good in the marriage market.

Url: https://link-springer-com.ezp3.lib.umn.edu/content/pdf/10.1007%2Fs00148-019-00763-4.pdf

Url: http://link.springer.com/10.1007/s00148-019-00763-4

User Submitted?: No

Authors: Chu, C. Y. Cyrus; Lin, Jou-Chun; Tsay, Wen-Jen

Periodical (Full): Journal of Population Economics

Issue:

Volume: 33

Pages: 1005-1023

Data Collections: IPUMS USA

Topics: Family and Marriage, Housing and Segregation, Other

Countries: