Marriage Market Segmentation

Authors

  • Alejandro F. Mercado Bolivian Catholic University "San Pablo"
  • Jorge Leitón Bolivian Catholic University "San Pablo"
  • Fernando Ríos Bolivian Catholic University "San Pablo"

DOI:

https://doi.org/10.35319/lajed.20043276

Keywords:

Social Mobility, Marriage market, Labour market

Abstract

During the last fifty years, the Bolivian economic growth has shown a virtual stagnation on the population’s living conditions. Despite the efforts have been made, poverty affects the fifty percent of the population. Recent works concluded that the main explanatory cause of this situation is the low social mobility.

The present paper investigates on the elements that are behind this low social mobility. The binding hypothesis follow that the marriage market could be acting as a mechanism that reinforces the low social mobility. Moreover, the marriage market is considered as an important link between social mobility and the labour market. The results shows, an evident strong marriage market segmentation that would slowdown the social mobility and, is a factor that lead to misallocations in the labour market.

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Author Biographies

Alejandro F. Mercado, Bolivian Catholic University "San Pablo"

Director, Socio-Economic Research Institute (IISEC).

Jorge Leitón, Bolivian Catholic University "San Pablo"

Chief Economist, Socio-Economic Research Institute (IISEC).

Fernando Ríos, Bolivian Catholic University "San Pablo"

Research Associate, Socio-Economic Research Institute (IISEC).

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Published

2004-10-01

How to Cite

F. Mercado, A., Leitón, J., & Ríos, F. (2004). Marriage Market Segmentation. Latin American Journal of Economic Development, 2(3), 49–76. https://doi.org/10.35319/lajed.20043276

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