SANTOS Maria Emma
congresos y reuniones científicas
Are there educational externalities within marriage in urban Argentina?
SANTOS, MARÍA EMMA
Conferencia; 33rd Annual Meeting of the Academy of Economics and Finance (AEF); 2006
Academy of Economics and Finance
In this paper we ask the question whether a spouses years of education have a positive impact over his/her partners earnings in urban Argentina. In tune with previous evidence, we find that each additional year of education of a married person increases the spouses hourly earnings in about 3%. This would support the idea that there are positive educational externalities occurring within marriages. However, when we control for positive assortative mating using the predicted hazard rate for the spouses years of education as an instrumental variable, we find that the spouses education is no longer a significant determinant of earnings.