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interaction between frictional labour and marriage markets and establish the existence of a search equilibrium characterised by …We propose a theoretical explanation for the so-called “beauty premium”. Our explanation is based entirely on search … frictions and the fact that physical appearance plays an important role in attracting a marriage partner. We analyse the …
Persistent link: https://www.econbiz.de/10011200049
women. Historically, women with more education have been the least likely to marry and have children, but this marriage gap … has eroded as the returns to marriage have changed. Marriage and remarriage rates have risen for women with a college … degree relative to women with fewer years of education. However, the patterns of, and reasons for, marriage have changed …
Persistent link: https://www.econbiz.de/10008572535
Do people move to cities because of marriage market considerations? In cities singles can meet more potential partners … marriage market benefits disappear while the housing premium remains. We extend the model of Burdett and Coles (1997) with a … distinction between efficient (cities) and less efficient (non-cities) search markets. One implication of the model is that …
Persistent link: https://www.econbiz.de/10005406268
This paper uses a new data set on domestic child adoption to document the preferences of potential adoptive parents over born and unborn babies relinquished for adoption by their birth mothers. We show that adoptive parents exhibit significant biases in favor of girls and against...
Persistent link: https://www.econbiz.de/10008534002
We develop a three-stage model of abatement technology search, adoption, and deployment. Using this model, which draws … on search theory tools more frequently used in labour and monetary economics, we compare market-based and command …-and-control pollution control instruments with respect to the incentives each provides for abatement technology search and adoption …
Persistent link: https://www.econbiz.de/10010765498
equilibrium search model of the labor market with an endogenous number of contacts between workers and firms. Workers contact … estimated parameter values welfare is improved if unemployed workers increase their search intensity. …
Persistent link: https://www.econbiz.de/10008833885
Channel systems for conducting monetary policy are becoming increasingly popular. Despite their popularity, the consequences of implementing policy with a channel system are not well understood. We develop a general equilibrium framework of a channel system and investigate the optimal policy. A...
Persistent link: https://www.econbiz.de/10005181445
This paper presents an inter-temporal model of individual behavior with uncertainty about marriage and divorce and … which accommodates the possible presence of economies or diseconomies of scale from marriage. We show that a scenario of … higher marriage rates and higher divorce rates will be associated with higher savings rates in the presence of economies of …
Persistent link: https://www.econbiz.de/10008511602
This paper studies the effect of child care provision on family structure. We present a model of a marriage market with …
Persistent link: https://www.econbiz.de/10010877918
suitable alternatives, the taboo was no longer expedient, and was dropped. For the same reasons, marriage has become less …
Persistent link: https://www.econbiz.de/10005766085