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We investigate how job displacement affects whom men marry and study implications for structural models of marriage market matching. Leveraging quasi-experimental variation from Danish establishment closures, we show that job displacement leads men to break up if matched with low earning women and to re-match with higher earning women. We use a general search and matching model of the marriage market to derive several implications of our empirical findings: (i) husbands' and wives' incomes are substitutes rather than complements in the marriage market; (ii) our findings are hard to reconcile with one-dimensional matching but are consistent with multidimensional matching; (iii) a substantial part of the cross-sectional correlation between spouses' incomes arises spuriously from sorting on unobserved characteristics. We highlight the relevance of our results by simulating how the effect of rising individual-level inequality on between household inequality is shaped by marital sorting.

Liebe hat viel mit Geld zu tun. Das kann man in Deutschland gut beobachten.

Was soll man sagen, wenn Menschen, die sich selbst als „progressiv“ oder als „links“ bezeichnen, das Massaker der Hamas in Israel nicht verurteilen, sondern gutheißen?