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Gains from marriage

Title: Gains from marriage

Term Paper (Advanced seminar) , 2013 , 18 Pages , Grade: 2,7

Autor:in: Sevgi Erdin (Author)

Economics - Other

Excerpt & Details   Look inside the ebook
Summary Excerpt Details

Marriage is one of the most important establishments, which affect people ́s life and satisfaction. Marital establishments regulate sexual relations and induce commitment between spouses. Marriage has positive effects, especially on spouses’ health and their income (Stutzer and Frey, 2006, p. 326).
The purpose of this study is to analyze the existence of job-productivity difference between married couples and singles. The first and main part of the paper seeks to differentiate married males from single males both at work and home to assess marriage related performance dissimilarities (Mehay and Bowman, 2005, P. 63). Here some theoretical discussions are presented.

Excerpt


Table of Contents

1. Introduction

2. Differences of Behavior between Married and Unmarried Men

2.1 Working Life

2.2 Home and Social Life

3. Empirical Aspect of Marriage

3.1 Effect of Children and Marriage on Men`s Annual Work Hours

3.2 Effect of Marriage on Income and Wages

4. Conclusion

Research Objectives and Themes

This paper investigates the economic and behavioral differences between married and unmarried men, specifically focusing on how marital status, the presence of children, and household dynamics influence labor market outcomes, work hours, and income levels.

  • Analysis of productivity differences and behavior between married and single men.
  • Evaluation of the impact of marriage and children on annual work hours.
  • Examination of the "marriage premium" regarding income and wages.
  • Exploration of social and psychological factors, such as emotional support and lifestyle changes, contributing to longevity and well-being.

Excerpt from the Book

2.1 Working Life

It is a fact that married men behave differently in contrast to the unmarried men. Gain of marriage is mostly associated to men`s earning (Lundberg, 2010, p. 32). Pollmann-Schult (2011) claims that employers pay higher salary to married men although there are no productivity differences between married and single employees (Pollmann-Schult, 2011, p 160). Married men work harder in order to take care of his family. Marriage is positive related with work hours as well as wages. Furthermore married man obey the rule, don`t like to take risk (risk averse). All these characteristics make a married man as a perfect employee, which every employer is looking for (Lundberg, 2005, p. 595).

In response to Lundberg, the paper of Shaw investigates the effect of the spouse’s income on the husband`s quit rate and assumes that the wife`s income increases the risk tendency and quit likelihood of the husband (Shaw, 1987, p. 534). “Quits are defined to be an employee-initiated job separations arising in the process of job research. An individual quits when the expected value of alternative employment surpasses the expected value of the current job” (Shaw, 1987, p. 535). According to risk-averse preferences, the decision to quit is more possible when the wife is working because total household wealth can be divided between the risky quit decision and her less risky present employment (Shaw, 1987, p. 534).

Chapter Summary

1. Introduction: Outlines the purpose of the study to analyze job-productivity differences between married and single men and introduces the focus on how marriage alters male lifestyle and earnings.

2. Differences of Behavior between Married and Unmarried Men: Examines how marital status influences labor participation, specialization within the household, and social factors like health and risk-taking behavior.

3. Empirical Aspect of Marriage: Presents quantitative data and academic studies regarding the effect of children, marriage duration, and marital status on work hours and wage premiums.

4. Conclusion: Synthesizes findings, confirming that marriage generally provides positive economic and personal welfare benefits, while noting the complexity of these interactions.

Keywords

Marriage, Population Economics, Labor Market, Wage Premium, Work Hours, Productivity, Household Specialization, Fatherhood, Life Satisfaction, Income Disparity, Behavioral Economics, Marital Surplus.

Frequently Asked Questions

What is the core focus of this paper?

The paper examines the socio-economic differences between married and unmarried men, specifically how marriage influences job productivity, annual work hours, and income.

What are the central thematic fields explored?

The study covers labor market outcomes, household division of labor, the psychological effects of fatherhood, and the impact of spousal support on lifestyle and earnings.

What is the primary research goal?

The goal is to identify why married men typically earn more than single men and to search for the underlying reasons regarding the observed longevity and stability associated with married men.

Which scientific methods are employed?

The author performs a literature review of existing empirical studies, analyzing longitudinal data, wage regressions, and performance models from various sources like the NLSY and German Socio-Economic Panel.

What topics are discussed in the main body?

The main body investigates working life differences, the impact of children on labor outcomes, gender-specific child effects, income disparities, and the relationship between marital duration and performance.

Which keywords best characterize this work?

Key terms include Marriage, Labor Market, Wage Premium, Productivity, Household Specialization, and Marital Surplus.

How does the presence of children affect men's work hours?

Empirical evidence suggests that children often lead to increased work hours for men due to specialization within the household, though the gender of the child can have varying, sometimes insignificant, impacts.

What does the "marriage premium" refer to?

It refers to the observation that married men tend to earn higher wages and exhibit higher job performance scores compared to their single counterparts, attributed to factors like emotional support and risk-averse behavior.

Is there a link between marriage and health?

Yes, the paper discusses that married men often report better health and lower mortality rates, potentially due to the emotional protection and behavioral monitoring provided by their spouses.

Excerpt out of 18 pages  - scroll top

Details

Title
Gains from marriage
College
University of Kassel
Course
Population Economics
Grade
2,7
Author
Sevgi Erdin (Author)
Publication Year
2013
Pages
18
Catalog Number
V268353
ISBN (Book)
9783656593799
ISBN (eBook)
9783656593843
Language
English
Tags
Children Married Men Unmarried Men Emprical Aspects of Marriage
Product Safety
GRIN Publishing GmbH
Quote paper
Sevgi Erdin (Author), 2013, Gains from marriage, Munich, GRIN Verlag, https://www.hausarbeiten.de/document/268353
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