Who marries whom in a surging housing market?☆
Who marries whom in a surging housing market?☆
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在蓬勃发展的房地产市场中谁与谁结婚？
DOI：
10.1016/j.jdeveco.2020.102492
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发表时间：
2020-09
影响因子：
5
通讯作者：
Qinghua Zhang
中科院分区：
文献类型：
--
作者：
Ang Sun;Qinghua Zhang
本文调查了房地产市场的激增对婚姻选择的影响。我们的实证分析表明，在房价上涨的反应中，原有家庭背景的不确定性越来越大。也就是说，对于丈夫来说，当首付增加一倍时，父亲多受一年教育预示着岳父的教育比首付不增加的情况多0.057年。不断上升的失业率可能会加剧房地产市场繁荣造成的本已扩大的不平等。除了基准分析，我们发现，离婚改革，即在离婚时，根据配偶支付的初始首付比例（而不是平均份额），奖励资产，提高了自愿性。证据表明，共同投资住房可能是婚姻排序的一个重要考虑因素。
This paper investigates the impact of a surging housing market on marital sorting. Our empirical analysis shows that there is increasing assortativeness on original family background in response to housing price appreciation. That is, for husbands, when the down payment doubles, one more year of paternal schooling predicts a marriage in which the father-in-law’s schooling is 0.057 year greater than in a scenario in which the down payment does not increase. The rising assortativeness could exacerbate the already expanding inequality caused by the booming housing market. In addition to the benchmark analysis, we find that a divorce reform, which awards assets proportionate to the shares the spouses paid for the initial down payment (rather than awarding equal shares) upon divorce, alleviates assortativeness. The evidence suggests that joint investment in housing is likely to be a significant consideration in marital sorting.
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影响因子：
6
作者：
Lauster, Nathanael T.
通讯作者：
Lauster, Nathanael T.
影响因子：
2.4
作者：
Zhi Wang;Qinghua Zhang
通讯作者：
Zhi Wang;Qinghua Zhang
影响因子：
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作者：
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通讯作者：
Cecilia Enström Öst
影响因子：
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作者：
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通讯作者：
M. McElroy
影响因子：
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通讯作者：
Killewald, Alexandra