Counterfactual Marriage Prices 1 (Lingering Access Rates)
Counterfactual Marriage Prices 1 (Lingering Access Rates) Method We simulate Raymo and you may Iwasawa’s (2005) application of Schoen’s (1988) harmonic indicate model to describe how changes in very first-wedding cost among them symptoms mirror changes in the fresh new push out-of interest and alterations in the newest access ratio. The previous is the inclination in order to get married, independent of matrimony markets composition; the second are a way of measuring relationships industry composition in respect so you can one another ages and you can degree. dos I express wedding costs inside months t connected with dudes regarding years i and you will degree level k and you will women of age j and education top l the following: Male wedding price : Meters Roentgen we j k l t , M = Letter we j k-l t Yards i k t = a great we j k-l t ? F j l t Yards i k t + F j l t Feminine matrimony rate : Yards R i j k-l t , F = N i j k l t F j l t = a good i j k-l t ? […]