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Counterfactual Wedding Costs step one (Constant Supply Ratios)

Counterfactual Wedding Costs step one (Constant Supply Ratios) Strategy I replicate Raymo and you will Iwasawa’s (2005) applying of Schoen’s (1988) harmonic imply design to describe just how alterations in very first-wedding prices between them episodes mirror alterations in the new force regarding interest and you can changes in the newest availability proportion. The previous is the tendency to help you wed, separate of matrimony markets structure; the latter was a way of measuring marriage sector structure in accordance to help you each other many years and you can knowledge. dos We display matrimony costs within the several months t related to dudes off many years we and studies level k and you can women old j and degree height l as follows: Men relationship rate : M R i j k l t , Yards = N we j k-l t M i k t = an excellent we j k l t ? F j l t M i k t + F j l t Women wedding rate : Meters Roentgen we j k l t , F = Letter we j k-l t F j l t = a we j k l t ? Meters i k t Meters i k t + F j l t , in which N we j k l t refers to the number from marriages between guys of age we and you may knowledge peak k and you will feminine old j and studies peak l. Meters i k t means what number of guys confronted with the risk of wedding: unmarried dudes of age i and...