TY  - RPRT
        AU  - Bronsert, Anne-Kathrin
AU  - Glazer, Amihai
AU  - Konrad, Kai A.
        TI  - Old Money, the Nouveaux Riches and Brunhilde's Marriage Strategy
        PY  - 2014/Jul/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 8307
        UR  - https://www.iza.org/publications/dp8307
        AB  - A woman assessing the wealth of a potential husband may observe some, but not all, of his wealth. She may screen, leading to status consumption and wasteful gift giving. The screening activity is costly not only for the potential husband, but also for the woman, as it reduces the wealth of the man she may marry. A sound observable financial background ('old money') benefits the candidate but also the woman, and reduces wasteful status consumption spending. Also, aging and attractiveness of the woman affect the equilibrium conspicuous spending pattern.
        KW  - search
KW  - screening
KW  - marriage
KW  - conspicuous consumption
KW  - status
        ER  -