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Partner Choice and the Marital College Premium
Several theoretical contributions have argued that the returns to schooling within marriage play a crucial role for human capital investments. Our paper quantifies the evolution of these returns over the last decades. We consider a frictionless matching framework á la Becker-Shapley-Shubik, in which the gain generated by a match between two individuals is the sum of a systematic effect that only depends on the spouses' education classes and a match-specific term that we treat as random;doi:10.7916/d8qf91rq fatcat:rdelevm4fbgvpc4uep7lergtlq