An Investment-and-Marriage Model with Differential Fecundity: On the College Gender Gap
Abstract
I build an investment-and-marriage model to provide a new explanation for the reversed college gender gap; that is, more women than men are going to college. The explanation is based on differential fecundity and an equilibrium marriage-market effect. The model also sheds light on gender-specific relationships between age at marriage and midlife personal income for American men and women and the evolving relationship between age at marriage and spousal income for American women.