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UID:2af341e90077293cc8ef27daf09f6c17
CATEGORIES:Seminars
CREATED:20231212T093226
SUMMARY:Paulina Restrepo-Echavarría - FED of Saint Louis
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:\n\nMarriage Market Sorting in the US\n\n\nAbstract:\nWe examine shifts in 
 the U.S. marriage market, assessing how online dating, demographic changes 
 and evolving societal norms influence mate choice and broader sorting trend
 s. Using a targeted search model, we analyse mate selection based on factor
 s such as education , age, race, income and skill. Intriguingly, despite th
 e rise of online dating, preferences, mate choice and overall sorting patte
 rns showed negligible change from 2008 to 2021. However, a longer hostroric
 al view from 1960 to 2020 reveals a trend towards preferences for similarit
 y, particularly concerning income, education, and skills. Our findings refu
 te two out of three potential explanations: reduced search costs and growin
 g spatial segregation - as potentioal causes of these long-term shifts. In 
 particular, we conclude that people's capacity to process and evaluate info
 rmation hasn't improved despite technological advancements. Among the remai
 ning demographic factors we identify enhanced workforce participation and c
 ollege attainment among women as the primary drivers of the U.S. marriage m
 arket transformation. Furthermore, we find that the corresponding changes i
 n mate preferences and increased assortativeness by skill and education ove
 r this timeframe account for about half of the increased income inequality 
 among households.\n
DTSTAMP:20260426T044749Z
DTSTART:20240408T143000Z
DTEND:20240408T160000Z
SEQUENCE:0
TRANSP:OPAQUE
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