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Title: What Remains after the Oil Boom Is Over?

Citation Type: Working Paper

Publication Year: 2019

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Abstract: This paper links between Beckerian literature that shows that marriage is a normal good with respect to male income and the literature that explores cultural changes as a result of exogenous events. I use the oil crisis of the 1970s as a positive shock on some males. The analyzed outcome is marital status at early twenties for women and at mid and late twenties for men. The probability to be never-married decreases in the American oilproducing areas immediately after the shock. This effect persists after the oil boom is over but longer for men than for women.

Url: https://poseidon01.ssrn.com/delivery.php?ID=342110087101018125096081094097106006034092063023032070066100127012078013040103005105024028104004012073066117070080094007009120091100076126094024064103105103066101123127014083103068&EXT=pdf

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Authors: Jelnov, Pavel

Series Title: IZA Discussion Paper Series

Publication Number: 12324

Institution: IZA Institute of Labor Economics

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Data Collections: IPUMS USA

Topics: Natural Resource Management

Countries: United States