Showing 1 - 10 of 38
Between 1958 and 1961, China experienced one of its worst famines in history. Birth rates plummeted during these years, but recovered immediately afterwards. The famine-born cohorts were relatively scarce in the marriage and labor markets. The famine also adversely affected the health of these...
Persistent link: https://www.econbiz.de/10005572527
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 supplies respond to changing marriage market conditions....
Persistent link: https://www.econbiz.de/10005827283
This paper proposes an easy to estimate Cobb Douglas marriage matching function (MMF). Special cases include the Choo Siow (CS) MMF, CS with peer effects, CS with frictional transfers, the Dagsvik Menzel non-transferable utility MMF and Chiappori, Salanie and Weiss MMF. Given population supplies...
Persistent link: https://www.econbiz.de/10011145630
The obituary discusses why Gary Becker is one of the most successful social scientist in the second half of the twentieth century. It argues that his success was due to his ability to recognize which resources are scarce in non-market situations and environments, and to use economics to analyze...
Persistent link: https://www.econbiz.de/10011200204
In frictional matching markets with heterogeneous buyers and sellers, sellers incur discrete showing costs to show goods to buyers who incur discrete inspection costs to assess the suitability of the goods on offer. This paper studies how brokers can help reduce these costs by managing the level...
Persistent link: https://www.econbiz.de/10008922987
In frictional matching markets with heterogeneous buyers and sellers, sellers incur discrete showing costs to show goods to buyers who incur discrete inspection costs to assess the suitability of the goods on offer. We study how brokers can help reduce these costs by managing the level and mix...
Persistent link: https://www.econbiz.de/10010850118
Carbone and Cahn argue that growing earnings inequality and the increased educational attainment of women, relative to men, have led to declining marriage rates for less educated women and an increase in positive assortative matching since the 1970's. These trends have negatively affected the...
Persistent link: https://www.econbiz.de/10011124348
This paper presents a tractable framework for studying frictionless matching in school, work, and marriage when individuals have heterogeneous social and cognitive skills. In the model, there are gains to specialization and team production, but specialization requires communication and...
Persistent link: https://www.econbiz.de/10010556275
In frictional matching markets, buyers incur discrete inspection costs when assessing the suitability of goods on offer, and sellers incur discrete 'show' costs. This paper studies how intermediaries can help reduce these costs. Intermediaries, whose value derives from inventory, learning and...
Persistent link: https://www.econbiz.de/10008529177
Women are fecund for a shorter period of their lives than men. This paper investigates how differential fecundity interacts with marriage, labor and financial markets to affect gender roles. The main findings of the paper are: (i) Differential fecundity does not have any market invariant gender...
Persistent link: https://www.econbiz.de/10005771669