Wahhaj, Zaki (2018) An economic model of early marriage. Journal of Economic Behavior and Organization, 152 . pp. 147-176. ISSN 0167-2681. (doi:10.1016/j.jebo.2018.06.001) (KAR id:67187)
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Official URL: https://doi.org/10.1016/j.jebo.2018.06.001 |
Abstract
To explain female adolescent marriage patterns around the world, we develop a marriage market
model with asymmetric information about prospective marriage partners, and a noisy signal about the
brideís quality during an engagement. In equilibrium, there is a negative relationship between the age and
perceived quality of women on the marriage market and, consistent with available evidence, older brides
make higher net marriage payments. The model also implies path dependence in the evolution of adolescent
marriage practices over time and persistent e§ects on marriage practices from transitory shocks.
Model simulations show interventions which increase the opportunity cost of early marriage attenuates
the association between bride quality and age, triggering a virtuous cycle of marriage postponement.
Item Type: | Article |
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DOI/Identification number: | 10.1016/j.jebo.2018.06.001 |
Uncontrolled keywords: | marriage market, gender, adolescent development, fertility, dowry |
Divisions: | Divisions > Division of Human and Social Sciences > School of Economics |
Depositing User: | Zaki Wahhaj |
Date Deposited: | 01 Jun 2018 15:34 UTC |
Last Modified: | 05 Nov 2024 11:07 UTC |
Resource URI: | https://kar.kent.ac.uk/id/eprint/67187 (The current URI for this page, for reference purposes) |
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