4. Asian women in the US are more likely to study in college and more likely to study a science major than Latino women.

a. Science majors have many more male students than female students. If most women find their future husband in their college age, holding everything constant, who, Latino or Asian women will receive a larger share of marital surplus? Show it with a graph.

b. If college students, in particular science mayors, make more money working in the market than high school graduates. Holding everything constant, who, Latino or Asian women will receive a larger share of marital surplus? Why?

c. If college students, in particular science mayors, make more money working in the market than high school graduates and if men do not like to marry women that make more money than them. Holding everything constant, who, Latino or Asian women will be more likely to get married? Show it with a graph.

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To analyze the scenarios presented in the questions we can use economic theories of marital surplus ... View the full answer