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Preference for sons and technologies

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Reference no: EM131221329

Please read the article in the website below.

https://www.robert-h-frank.com/EV.08.07.11.pdf

The supply - demand model of marriage can help us analyze what has been happening in the Chinese marriage market.

a. Draw a S-D model of the Chinese marriage market before the one-child policy. Label the equilibrium level of SF as S*F. What does this equilibrium represent?

b. Show the effects of the one-child policy, coupled with a preference for sons and technologies that permit selective abortion, as a shift in the S curve. How is SF affected?

c. The article describes how Chinese women have become more selective in the marriage market. Explain this using your diagram.

Reference no: EM131221329

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