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On marriage-specific human capital
- Source :
- Journal of Population Economics. 3:193-213
- Publication Year :
- 1990
- Publisher :
- Springer Science and Business Media LLC, 1990.
-
Abstract
- This paper develops a model of remarriage for women with particular emphasis on the role of investments in marriage-specific human capital. A distinction is made between marriage-specific skills that are transferable across marriages and those that are specific to a particular spouse. It is hypothesized that transferable marriage-specific skills constitute an asset and a major component of gains from marriage for previously married women. A high level of such skills is expected to be associated with fast remarriage. The presence of children is expected to delay remarriage, because it indicates lower levels of past and future investments that would be relevant to a new partnership. These hypotheses are examined using Cox-regression techniques with data on white and black women from the 1982 National Survey of Family Growth. The empirical results are consistent with the hypotheses. A systematic pattern of race differentials is uncovered, which can be interpreted within the context of the model.
- Subjects :
- Economics and Econometrics
Time Factors
Economics
Remarriage
Culture
Population
Population Dynamics
Statistics as Topic
Context (language use)
Human capital
White People
Ethnicity
Population Characteristics
Health Workforce
Sociology
Asset (economics)
Marriage
Human resources
education
Probability
Demography
Family Characteristics
education.field_of_study
business.industry
Developed Countries
Research
Models, Theoretical
United States
Black or African American
Socioeconomic Factors
Spouse
North America
National Survey of Family Growth
Demographic economics
Americas
business
Social psychology
Subjects
Details
- ISSN :
- 14321475 and 09331433
- Volume :
- 3
- Database :
- OpenAIRE
- Journal :
- Journal of Population Economics
- Accession number :
- edsair.doi.dedup.....3e629f8ee34997349f6a77ca2dd7d176