By a News Reporter-Staff News Editor at Business & Finance Week -- Investigators publish new report on Economics - Asian-Pacific Economies. According to news reporting originating in College Park, Maryland, by VerticalNews journalists, research stated, “This paper studies signaling behaviors in marital matching. As some of males’ essential traits for marriage are hardly observable, a high-quality male is motivated to signal.”

The news reporters obtained a quote from the research from the University of Maryland, “This paper applies a modified Spence signaling model to the marriage market and tests the theoretical implications with survey data from rural China. We find that houses are primary signals in marriage markets in China, which explains both the high homeownership and the large housing sizes. We find 1) marriageable males are twice as much likely to build a house five years before marriage than five years after, while females do not behave the same way, 2) housing size is reflective of males’ unobservable characteristics, especially in villages with high interest rates. Males with more social connections, higher income rank and greater wealth build larger houses.”

According to the news reporters, the research concluded: “And 3) a ten square-meter larger house reduces a male’s probability of singlehood by 0.8% at the age of 30, and enables him to marry a wife 0.1 cm taller.”

For more information on this research see: Housing and marital matching: A signaling perspective. China Economic Review , 2018;47():27-46. China Economic Review can be contacted at: Elsevier Science Inc, 360 Park Ave South, New York, NY 10010-1710, USA. (Elsevier - www.elsevier.com; China Economic Review - http://www.journals.elsevier.com/china-economic-review/)

Our news correspondents report that additional information may be obtained by contacting L. Fang, University of Maryland, Urban & Reg Planning & Design, College Park, MD 20742, United States.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1016/j.chieco.2017.11.008. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2018, NewsRx LLC

CITATION: (2018-04-14), Studies from University of Maryland in the Area of Asian-Pacific Economies Described (Housing and marital matching: A signaling perspective), Business & Finance Week, 57, ISSN: 1945-6441, BUTTER® ID: 015455265

From the newsletter Business & Finance Week.
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