Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/157531
Authors: 
Schünemann, Johannes
Strulik, Holger
Trimborn, Timo
Year of Publication: 
2017
Series/Report no.: 
ECON WPS - Vienna University of Technology Working Papers in Economic Theory and Policy 04/2017
Abstract: 
Married people live longer than singles but how much of the longevity differential is causal and what the particular mechanisms are is not fully understood. In this paper we propose a new approach, based on counterfactual computational experiments, in order to asses how much of the marriage gap can be explained by public-goods sharing and collective bargaining of partners with different preferences and biology. For that purpose we integrate cooperative decision making of a couple into a biologically-founded life-cycle model of health deficit accumulation and endogenous longevity. We calibrate the model with U.S. data and perform the counterfactual experiment of preventing the partnership. We elaborate three economic channels and find that, as singles, men live 8.5 months shorter and women 6 months longer. We conclude that about 30% of the marriage gain in longevity of men can be motivated by economic calculus while the marriage gain for women observed in the data is attributed to selection or other (non-standard economic) motives.
Subjects: 
health
aging
longevity
marriage-gap
gender-specific preferences
unhealthy behavior
JEL: 
D91
J17
J26
I12
Document Type: 
Working Paper

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