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As in the case of males, a conventional specification of the wage equation leads to an underestimation of the marriage premium because the omitted category includes those who are
(If we use a definition that comes as close as possible to that used for the Texas DRM, we find that 72 percent of work time in Columbus and 62 percent of work time in Rennes
This implies that marriage expen- ditures are increased and the dowry reduced, as the marginal effect of an increase in the husband’s quality on the social status of the bride’s
Again, comparing the effect of permanent income on child outcomes to the effect of mother’s verbal intelligence, the effect size of permanent income is 73.7 percent as large,
Using com- mon methods to estimate men’s labor supply functions and using our interpretation of the size of the wage-hours tie, we find that the hours response to a change in
For instance, the sample of marginal students for the math analysis does not include any student with a math ACT score of eleven or below, and many students with math ACT scores of
By comparison, moving from the bottom half to the top half of the consumption distribution (50 percent 942 The Journal of Human Resources.. Standard errors, in parentheses below
Multiplying these marginal effects by the average four- year home price change for the lower- income sample of $33,890 (see Table 2) yields an average relative increase in
