This paper structurally estimates an equilibrium model of the marriage market using data from the British Cohort Study. The results suggest that both search frictions and selective behaviour determine who marries whom and when, and that education is the most important determinant of an...

This paper uses a model of human capital accumulation, labour market distortions, wordof-mouth communication, and community formation to analyse socio-economic stratification, educational choices and intergenerational social mobility. Workers obtain information about job opportunities from...