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On The Economics Of Marriage - Hardcover

 
9780813385273: On The Economics Of Marriage
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Dr. Grossbard-Shechtman develops a theory of marriage in the tradition of Nobel-prize-winning economist Gary Becker. By incorporating the concept of spousal labor into her theory, the author derives many new hypotheses regarding various aspects of marriage, divorce, and cohabitation, thereby improving our understanding of the institution of marriage.
Her analysis is also an improvement over conventional theories of labor force participation and labor productivity. She provides empirical evidence for sex ratio effects on the status of women in society, sex ratio effects on women's labor force participation, and compensating differentials in marriage. Although her studies of cohabitation, divorce, intermarriage, polygamy, labor force participation, spousal help, and religiosity put emphasis on the effects of wage, income, and education, she also considers cultural and social influences on behavior.

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While this book contains numerous facts and empirical findings and touches on policy issues, its main contribution to the existing literature lies in the theoretical perspective it offers. The core of this book is a general equilibrium theory of labor and marriage presented in Chapter 2, which provides the conceptual framework for the rest of the chapters. Two major implications of the theory are sex ratio effects and compensating differentials in marriage. The book demonstrates how a few core concepts, linked via economic analysis, help explain a multitude of findings based on statistical analyses of data from a wide variety of cultures. It is hoped that readers of this book will improve their understanding of how marriage works to help us design better economic and social policies as well as help people live better and happier lives, making the book of interest to not only economists but sociologists and anthropologists as well.

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  • PublisherWestview Press
  • Publication date1993
  • ISBN 10 081338527X
  • ISBN 13 9780813385273
  • BindingHardcover
  • Edition number1
  • Number of pages349

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9780367281847: On The Economics Of Marriage: A Theory of Marriage, Labor, and Divorce

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