Metadata record for Data and Code for "Household Search and the Marital Wage Premium"
118064
Inter-university Consortium for Political and Social Research
ICPSR metadata records are licensed under a Creative Commons Attribution-Noncommercial 3.0 United States License.
V1
Data and Code for "Household Search and the Marital Wage Premium"
118064
http://doi.org/10.3886/E118064V1
Laura Pilossoph
Shu Lin Wee
Please see full citation.
This work is licensed under a Creative Commons Attribution 4.0 International (CC BY 4.0) License.
Ann Arbor, MI: Inter-university Consortium for Political and Social Research
Pilossoph, Laura, and Wee, Shu Lin . Data and Code for “Household Search and the Marital Wage Premium.” Nashville, TN: American Economic Association [publisher], 2021. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2021-09-23. https://doi.org/10.3886/E118064V1
Household Search
Joint Search
J63 Labor Turnover; Vacancies; Layoffs
J64 Unemployment: Models, Duration, Incidence, and Job Search
We develop a model where selection into marriage and household search generate a marital wage premium. Beyond selection, married individuals earn higher wages for two reasons. First, income pooling within a joint household raises risk-averse individuals' reservation wages. Second, married individuals climb the job ladder faster, as they internalize that higher wages increase their partner's selectivity over offers. Specialization according to comparative advantage in search generates a premium that increases in spousal education, as in the data. Quantitatively, household search explains 10-33% and 20-58% of the premium for males and females respectively, and accounts for its increase with spousal education.
USA