Title

Love and Money by Parental Match-Making: Evidence from Urban Couples in China

Publication Type

Journal Article

Publication Date

5-2012

Abstract

Parental involvement in marriage matchmaking may distort the optimal spouse choice because parents are willing to substitute love for money. The rationale is that the joint income of married children can be shared among extended family members more easily than mutual attraction felt by the couple themselves, and as a result, the best spouse candidate in the parents' eyes can differ from what is optimal to the individual, even though parents are altruistic and care dearly about their children's welfare. We find supporting evidence for this prediction using a unique sample of urban couples in China in the early 1990s.

Keywords

Marriage Outcome, Match-Making Method, Parental Involvement, China, Agency Cost

Discipline

Asian Studies | Behavioral Economics

Research Areas

Applied Microeconomics

Publication

American Economic Review

Volume

102

Issue

3

First Page

555

Last Page

560

ISSN

0002-8282

Identifier

10.1257/aer.102.3.555

Publisher

American Economic Association

Additional URL

http://dx.doi.org/10.1257/aer.102.3.555

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