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Journal Article

On the emergence of toyboys: the timing of marriage with aging and uncertain careers

Authors

Publication date

2011

Summary


We explore how gender bias in career opportunities affects matching in a marriage market with search frictions and where an individual’s fitness decays with age. We document a “being left on the shelf” effect where young singles, who find the marriage market rapidly thins with age, rush into early partnership. Singles with stronger career opportunities, however, have a greater option value to defer marriage. More equal career opportunities for women (captured by greater schooling and better occupations) potentially explain the recent emergence of toyboy unions, in which the woman is at least 5 years older than her partner.

Published in

International Economic Review

Volume and page numbers

52 , 825 -853

DOI

http://dx.doi.org/10.1111/j.1468-2354.2011.00651.x

ISSN

16

Links

http://serlib0.essex.ac.uk/record=b1532669~S5

Notes

Albert Sloman Library Periodicals *restricted to Univ. Essex registered users*

#520451


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