The Impact of the Female Advantage in Education on the Family

<h3>Abstract</h3> Men’s historical advantage in educational attainment has recently been reversed in many countries. I study the implications for family formation of the new female advantage in education in the marriage market, exploiting a Finnish school reform that increased women’s relative level of education. I analyze the reduced-form relationship between marriage market exposure to the reform and family outcomes. I find decreases in marriage and fertility in marriage markets with a larger female educational advantage. These results are mostly driven by the mismatch between the educational distributions of men and women, and might have negative consequences for low-educated men’s mental health.