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Happily ever after? Intrahousehold bargaining and the distribution of utility within marriage

Authors
Bethmann, DirkRudolf, Robert
Issue Date
6월-2018
Publisher
SPRINGER
Keywords
Intrahousehold bargaining; Marriage; Happiness; Gender asymmetry; Generation effect
Citation
REVIEW OF ECONOMICS OF THE HOUSEHOLD, v.16, no.2, pp.347 - 376
Indexed
SSCI
SCOPUS
Journal Title
REVIEW OF ECONOMICS OF THE HOUSEHOLD
Volume
16
Number
2
Start Page
347
End Page
376
URI
https://scholar.korea.ac.kr/handle/2021.sw.korea/75030
DOI
10.1007/s11150-016-9343-z
ISSN
1569-5239
Abstract
Using a rich longitudinal data set of married couples from the Korean Labor and Income Panel Study, this article seeks to uncover the intramarital allocation of experienced utility and its drivers. We find both substantial gains from marriage and effects of relative predicted earnings outside of marriage on relative gains from marriage. These findings are consistent with cooperative bargaining models and with models viewing individuals as having a demand for household production services by a spouse, with market forces influencing the price of such services. In addition, we find that men benefit more from marriage than women and that this gender gap is more pronounced for older couples. This is likely to be due to social norms and prescribed gender roles which are more prevalent within the older generation.
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College of Political Science & Economics > Department of Economics > 1. Journal Articles
Division of International Studies > Division of International Studies > 1. Journal Articles

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국제대학 (국제학부)
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