The hypothesis that people who marry may be different from those who do not marry (for example, they may be happier, healthier, and have more money)is known as the wage premium.

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The hypothesis described is known as the selection hypothesis or selection effect, suggesting that individuals who marry may differ in significant ways from those who do not, rather than the wage premium, which refers to the observed higher wages of married men compared to their unmarried counterparts, often attributed to various factors including the selection effect.

The Hypothesis That People Who Marry May Be Different from Those