What Remains after the Oil Boom Is Over?

Arbeitspapier

This paper links between Beckerian literature that shows that marriage is a normal good with respect to male income and the literature that explores cultural changes as a result of exogenous events. I use the oil crisis of the 1970s as a positive shock on some males. The analyzed outcome is marital status at early twenties for women and at mid and late twenties for men. The probability to be never-married decreases in the American oil-producing areas immediately after the shock. This effect persists after the oil boom is over but longer for men than for women.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IZA Discussion Papers ; No. 12324

Classification and Topics

• Classification: Wirtschaft ; Marriage; Marital Dissolution; Family Structure; Domestic Abuse
• Subject: oil ; age of marriage

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Jelnov, Pavel
• Event: Veröffentlichung
• (who): Institute of Labor Economics (IZA)
• (where): Bonn
• (when): 2019

Further information

• Handle: http://hdl.handle.net/10419/196821
• Last update: 10.03.2025, 11:42 AM CET