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Lookup NU author(s): Dr Roberto Bonilla Trejos,
Dr Francis Kiraly
This is the final published version of a working paper that has been published in its final definitive form by Munich Society for the Promotion of Economic Research - CESifo, 2019.
For re-use rights please refer to the publisher's terms and conditions.
In the last four decades, there has been a massive increase in female schooling, accompanied by a reversal of the gender schooling gap. We offer a theoretical explanation for this change. We construct an equilibrium search model with inter-linked frictional labour and marriage markets. We incorporate two types of return to male schooling: a labour market return (higher expected wages) and a marriage market return (increased marriageability due to high wages). We establish that an increase in the level of female education and/or the share of educated women can reduce incentives for men to invest in education (due to its effect in the marriage market).
Author(s): Bonilla R, Kiraly F
Publication type: Working Paper
Publication status: Published
Journal: CESifo Working Papers
Publisher: Munich Society for the Promotion of Economic Research - CESifo