Love, Money, and Parental Goods: Does Parental Matchmaking Matter? / Fali Huang, Ginger Zhe Jin, Lixin Colin Xu.

Format:

Book

Author/Creator:

Huang, Fali.

Contributor:

National Bureau of Economic Research.

Jin, Ginger Zhe.

Xu, Lixin Colin.

Series:

Working Paper Series (National Bureau of Economic Research) no. w22586.

NBER working paper series no. w22586

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Other Title:

Love, Money, and Parental Goods

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2016.

Summary:

While parental matchmaking has been widespread throughout history and across countries, we know little about the relationship between parental matchmaking and marriage outcomes. Does parental involvement in matchmaking help ensure their needs are better taken care of by married children? This paper finds supportive evidence using a survey of Chinese couples. In particular, parental involvement in matchmaking is associated with having a more submissive wife, a greater number of children, a higher likelihood of having any male children, and a stronger belief of the husband in providing old age support to his parents. These benefits, however, are achieved at the cost of less marital harmony within the couple and lower market income of the wife. The results render support to and extend the findings of Becker, Murphy and Spenkuch (2015) where parents meddle with children's preferences to ensure their commitment to providing parental goods such as old age support.

Notes:

Print version record

September 2016.