@TechReport{iza:izadps:dp12324, author={Jelnov, Pavel}, title={What Remains after the Oil Boom Is Over?}, year={2019}, month={Apr}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={12324}, url={https://www.iza.org/publications/dp12324}, abstract={This paper links between Beckerian literature that shows that marriage is a normal good with respect to male income and the literature that explores cultural changes as a result of exogenous events. I use the oil crisis of the 1970s as a positive shock on some males. The analyzed outcome is marital status at early twenties for women and at mid and late twenties for men. The probability to be never-married decreases in the American oil-producing areas immediately after the shock. This effect persists after the oil boom is over but longer for men than for women. }, keywords={age of marriage;oil}, }