Relationship stability: Evidence from labor and marriage markets

Arbeitspapier

Behavior in labor and marriage markets follows similar structures when it comes to commitment to long-term relationships. We argue that there is a joint social skill driving stability in both markets. Applying a grouped fixed-effect estimator on data from the Survey of Health, Ageing and Retirement in Europe, we identify types of individuals at risk of instability in both domains. We provide evidence on how economic preferences and personality are related to instability in both markets. We also show negative consequences of instability in terms of reduced life satisfaction and wealth late in life.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CEBI Working Paper Series ; No. 20/22

Classification and Topics

• Classification: Wirtschaft ; Marriage; Marital Dissolution; Family Structure; Domestic Abuse ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Labor Turnover; Vacancies; Layoffs ; General Welfare; Well-Being ; Multiple or Simultaneous Equation Models: Panel Data Models; Spatio-temporal Models
• Subject: Relationship Stability ; Marriage dissolution ; Job turnover ; Social Skills ; Non-Cognitive Skills ; Grouped Fixed-Effect Estimator ; Survey of Health ; Ageing and Retirement in Europe

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Kesternich, Iris ; Siflinger, Bettina ; Smith, James P. ; Valder, Franziska
• Event: Veröffentlichung
• (who): University of Copenhagen, Department of Economics, Center for Economic Behavior and Inequality (CEBI)
• (where): Copenhagen
• (when): 2022

Further information

• Handle: http://hdl.handle.net/10419/268923
• Last update: 10.03.2025, 11:43 AM CET