Showing 1 - 9 of 9
an infinite-horizon economy with matching frictions. I characterize first the efficient assignment and then the …
Persistent link: https://www.econbiz.de/10005827214
The paper surveys the Choo Siow (CS) marriage matching model and its extensions. CS derives a behavioral marriage … matching function. The collective model of intra-household allocations can be integrated into this framework. Spousal labor … to a dynamic marriage matching environment. Empirically, this paper shows how the famine caused by the great leap forward …
Persistent link: https://www.econbiz.de/10005827283
We develop a two sector growth model to understand the relation between inequality and growth. Agents, who are endowed with different levels of knowledge, select either into a retail or a manufacturing sector. Agents in the manufacturing sector match to carry out production. A by-product of...
Persistent link: https://www.econbiz.de/10008678706
This paper presents a tractable framework for studying frictionless matching in school, work, and marriage when …, but incomplete specialization in marriage. It also captures well-known matching patterns in each of these sectors …
Persistent link: https://www.econbiz.de/10010556275
This paper shows that the Mortensen-Pissarides search and matching model can be successfully parameterized to generate …
Persistent link: https://www.econbiz.de/10008568326
In frictional matching markets, buyers incur discrete inspection costs when assessing the suitability of goods on offer …
Persistent link: https://www.econbiz.de/10008529177
If entitlement to Unemployment Insurance (UI) benefits must be earned with employment, generous UI is an additional benefit to an employment relationship, so it promotes job creation. If individuals are risk neutral, UI is fairly priced, and the UI system prevents moral-hazard, the generosity of...
Persistent link: https://www.econbiz.de/10008494159
marital matching and family size decisions are examined. A simple General Equilibrium model demonstrates how constraints on … marital output on the quantity of children dimension raises the marginal benefit of increased positive assortative matching … prediction of intensified positive assortative matching was examined using Distributional Overlap and Stochastic Dominance Tests …
Persistent link: https://www.econbiz.de/10005033463
In a static frictionless transferable utilities bilateral matching market with systematic and idiosyncratic payoffs …, supermodularity of the match output function implies a strong form of positive assortative matching: The equilibrium matching … are not informative on whether a bilateral matching market equilibrates with or without transfers. Using white married …
Persistent link: https://www.econbiz.de/10005704768