理悦CEMA·知与行系列研讨会：Better Education, Fewer Divorces: The Impact of College Education Quality on Marriage Outcomes

来源：

学校官网

收录时间：

2024-12-11 09:42:55

时间：

2024-12-13 15:00:00

地点：

中央财经大学学院南路校区学术会堂712会议室

报告人：

沈丹青

学校：

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关键词：

college education, marriage, divorce, family formation, economic inquiry

简介：

We investigate the impact of post-secondary college educational quality on family formation of college graduates. Using NLSY79 data, an instrumental variable strategy is employed to identify the causal effect. Higher college quality causes the delay of marriage by about 4 years, without influencing the overall life-time probability of marriage. With later marriage, better college educated people postpone the first birth by about 3.5 years, with the timing of first birth in marriage unaffected. Since better college educated people marry later than the other college graduates, they date more people and accumulate more wealth before they enter a marriage. Therefore, better educated college graduates have more stable marriages. We find that an increase in college quality causes a 22 percentage points decrease in the life-time divorce rate and the probability of divorce before age 40. Since the number of college graduates have been growing in the past decades, this article provides a new perspective to understand the trend of marriage and divorce.

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