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Pavel Jelnov
''What Remains After the Oil Boom Is Over?''
( 2019, Vol. 39 No.2 )
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 is significantly lower in the oil-producing than in other American areas immediately after the shock. This effect persists after the oil boom is over but longer for men than for women.
Keywords: marriage, gender, oil, persistence
JEL: J1 - Demographic Economics: General
Manuscript Received : Jan 11 2019 Manuscript Accepted : May 31 2019

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