孙昂,Zhang Qinghua——Journal of Development Economics:Who marries whom in a surging housing market?
时间:2020-09-01
This paper investigates the impact of a surging housing market on marital sorting. Our empirical analysis shows that there is increasing assortativeness on original family background in response to housing price appreciation. That is, for husbands, when the down payment doubles, one more year of paternal schooling predicts a marriage in which the father-in-law’s schooling is 0.057 year greater than in a scenario in which the down payment does not increase. The rising assortativeness could exacer