Accounting for Racial Differences in Marriage and Employment
构建动态均衡婚姻模型,分析人口供给和工资差异对黑人与白人婚姻及就业决策差异的解释力,发现人口供给可解释部分差异,而消除工资差距会消除就业差异但扩大婚姻差异。
What can account for the differences in marriage and employment decisions across blacks and whites? To answer this question, I develop a dynamic, equilibrium model of marriage. Two explanations for the racial differences in behavior are considered: differences in population supplies and wages. Black-white differences in population supplies explain one-fifth of the difference in marriage rates and between one-fifth and one-third of the differences in employment rates across race. Removing the racial gap in wages eliminates the differences in employment but increases the differences in marriage rates. (c) 2009 by The University of Chicago. All rights reserved.