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Marriage Meets the Joneses: Relative Income, Identity, and Marital Status

Marriage Meets the Joneses: Relative Income, Identity, and Marital Status This paper investigates the effect of relative income on marriage. Accounting flexibly for absolute income, the ratio between a man's income and a local reference group median is a strong predictor of marital status, but only for low-income men. Relative income affects marriage even among those living with a partner. A 10 percent higher reference group income is associated with a 2 percent reduction in marriage. We propose an identity model to explain the results. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Human Resources University of Wisconsin Press

Marriage Meets the Joneses: Relative Income, Identity, and Marital Status

Journal of Human Resources , Volume 46 (3) – Apr 4, 2012

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Publisher
University of Wisconsin Press
ISSN
1548-8004

Abstract

This paper investigates the effect of relative income on marriage. Accounting flexibly for absolute income, the ratio between a man's income and a local reference group median is a strong predictor of marital status, but only for low-income men. Relative income affects marriage even among those living with a partner. A 10 percent higher reference group income is associated with a 2 percent reduction in marriage. We propose an identity model to explain the results.

Journal

Journal of Human ResourcesUniversity of Wisconsin Press

Published: Apr 4, 2012

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