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Title: What Remains After the Oil Boom Is Over?

Citation Type: Journal Article

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 is significantly lower in the oil-producing than in other American areas immediately after the shock. This effect persists after the oil boom is over but longer for men than for women.

Url: https://pdfs.semanticscholar.org/821a/e928bf2c7a7328cf20bace428915037deb9b.pdf

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Authors: Jelnov, Pavel

Periodical (Full): Economics Bulletin

Issue: 2

Volume: 39

Pages: 1327-1335

Data Collections: IPUMS USA

Topics: Family and Marriage

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