A New Reason to Marry

Traditionally, marriage has been about specialization and “production complementarities.” With the husband in the labor force and the wife at home, their division of labor resembled a small factory. He supplied the income and she was the “domestic specialist.” As in the…

Gender Issues: Chinese Bride Prices

In China, with so many more marriageable men than women (approximately 122 men for every 100 women), the husband-hunting female wields a lot of power. Telling us about the results of a survey of 32,000 people from 2 Chinese research…

Nobel Matchmakers

One of the first calls a new Nobel Prize winner might get is from Adam Smith, editor of NobelPrize.org. As you might expect, hearing his name, people initially wonder if the call is for real. Usually Mr. Smith does a…

The New Economics of Marriage

When North Carolina’s voters rejected same sex marriage, they were not thinking economically. Traditionally, marriage has been about specialization. With the husband in the labor force and the wife at home, their division of labor resembled a small factory. He…

Female Human Capital

To one group of economists, oral contraception is all about human capital. 1970 appears to have been a turning point. 40 years ago, increasingly, women started entering law school, medical school and other professional programs after college. Instead of majoring…

Marital Economics

By Mira Korber, guest blogger. When Bill Clinton said Hillary Rodham was “the smartest person [he] ever met in [his] lifetime,” he was definitely expressing a changing long term trend: what husbands value in their future wives. According to the study…

Chinese Marriage Markets

A typical young Chinese woman is looking for a husband who owns a home. Probably, she will find one because China’s single child policy and tendency toward male preference have resulted in massive gender imbalance. With so many more marriageable…