Putting the Husband Through: The Role of Credit Constraints in the Timing of Marriage and Spousal Education

A-Tier
Journal: Journal of Labor Economics
Year: 2023
Volume: 41
Issue: 1
Pages: 245 - 289

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In the United States, age at first marriage was lowest and the education gap between husbands and wives was highest during the 1950s. The conventional explanation for such a negative correlation is that early marriage leads to earlier and higher fertility, which in turn prevents women from acquiring education. Here, we propose that early marriages enabled couples to overcome credit constraints in education. A model that includes this motive and mechanism can replicate not only the marriage and education patterns observed in the middle of the century in the United States but also the overall trends over the twentieth century.

Technical Details

RePEc Handle
repec:ucp:jlabec:doi:10.1086/719689
Journal Field
Labor
Author Count
2
Added to Database
2026-01-25