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`marriage squeeze', a population increase leads to an excess supply of brides since men marry younger women.As a result, dowry … payments rise in order to clear the marriage market.The explanation is essentially static; unmarried brides do not re-enter the … marriage market.This paper demonstrates that the marriage squeeze argument cannot explain dowry inflation in a proper dynamic …
Persistent link: https://www.econbiz.de/10011091293
Although there are numerous studies of the dowry phenomenon in India, research pertaining to the custom in the rest of South Asia is sparse.The aim of this paper is to study dowry payments in Pakistan.Several interpretations for dowry are distinguished using a simple theoretical framework and...
Persistent link: https://www.econbiz.de/10011091513
In contrast to most dowry oriented societies where payments have declined with modernisation, those in India have undergone significant inflation over the last five decades.This paper explains the difference between these two experiences by focusing on the role played by caste.The theoretical...
Persistent link: https://www.econbiz.de/10011092377
Persistent link: https://www.econbiz.de/10011090417
The paper studies simple strategies of labor tax reform in a search and matching model of the labor market featuring …
Persistent link: https://www.econbiz.de/10011090457
Random matching models with different states are an important class of dynamic games; for example, money search models …
Persistent link: https://www.econbiz.de/10011090770
This paper stresses the importance of a specification of the matching function in which the measure of job matches … corresponds to the measure of job searchers. In many empirical studies on the matching function this requirement has not been … market. In this paper, we specify and estimate matching functions where the flow corresponds to the correct stock. We use …
Persistent link: https://www.econbiz.de/10011091232
search and matching in labor markets. More specifically, it takes a discretetime adaptation of the continuous-time matching … for topological chaos.The implication is that even in a simple economy characterized by search and matching frictions, an …
Persistent link: https://www.econbiz.de/10011091271
The paper explores the relationship between job flows and wages in the U.S. manufacturing sector, where wage differentials for seemingly identical workers and job reallocation rates are shown to be negatively correlated across 3-digit industries.High wage industries have the lowest turnover of...
Persistent link: https://www.econbiz.de/10011091515
In this note we introduceweak stability, a relaxation of the concept of stability for the marriage model by assuming …: an individually rational matching is weakly stable if for every blocking pair one of themembers can find a more … attractive partner with whom he forms another blocking pair for the original matching. Our main result is that under the …
Persistent link: https://www.econbiz.de/10011091585