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How "Chicagoan" are Gary Becker's Economic Models of Marriage?

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  • Shoshana Grossbard
Abstract
This paper describes Gary Becker’s theoretical models of marriage. At the micro-level, these are all rational choice models. At the market level, Becker offers two major types of models: partial equilibrium models based on Price Theory as taught by Marshall and Friedman and optimal sorting models based on optimal assignment models. The paper examines some of the possible intellectual influences on Becker’s theory of marriage, compares Becker’s research on marriage with that of some scholars interested in intra-marriage distribution, and documents that Becker’s students at Chicago were more interested in Becker’s Friedmanian models of marriage than in his optimal assignment models.

Suggested Citation

  • Shoshana Grossbard, 2009. "How "Chicagoan" are Gary Becker's Economic Models of Marriage?," CESifo Working Paper Series 2637, CESifo.
    • Handle: RePEc:ces:ceswps:_2637
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    References listed on IDEAS

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    1. Rao, Vijayendra, 1993. "The Rising Price of Husbands: A Hedonic Analysis of Dowry Increases in Rural India," Journal of Political Economy, University of Chicago Press, vol. 101(4), pages 666-677, August.
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    8. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
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    15. Edward P. Lazear, 2000. "Economic Imperialism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 115(1), pages 99-146.
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    Cited by:

    1. Michael Funke & Marc Gronwald, 2009. "A Convex Hull Approach to Counterfactual Analysis of Trade Openness and Growth," CESifo Working Paper Series 2692, CESifo.
    2. Grossbard, Shoshana, 2010. "Independent Individual Decision-Makers in Household Models and the New Home Economics," IZA Discussion Papers 5138, Institute of Labor Economics (IZA).
    3. Hans Bloemen & Elena Stancanelli, 2015. "Toyboys or supergirls? An analysis of partners’ employment outcomes when she outearns him," Review of Economics of the Household, Springer, vol. 13(3), pages 501-530, September.
    4. Manuel Santos Silva & Stephan Klasen, 2021. "Gender inequality as a barrier to economic growth: a review of the theoretical literature," Review of Economics of the Household, Springer, vol. 19(3), pages 581-614, September.
    5. Grossbard, Shoshana, 2016. "Marriage and Marriage Markets," IZA Discussion Papers 10312, Institute of Labor Economics (IZA).
    6. Grossbard, Shoshana & Gimenez-Nadal, José Ignacio & Molina, José Alberto, 2010. "Racial Discrimination and Household Chores," IZA Discussion Papers 5345, Institute of Labor Economics (IZA).

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    More about this item

    JEL classification:

    • J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure

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