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The objective of the paper is to develop and estimate a non-parametric dynamic model of the marriage market. Individuals are differentiated by their age and current marital status. In each period, unmarried men and women choose whether they want to marry and who to marry. Equilibrium transfers...
Persistent link: https://www.econbiz.de/10005085430
This paper develops the collective marriage matching model, a behavioral and empirically flexible framework that incorporates both marriage matching and intrahousehold allocations. The model shows how marriage market equilibrium and bargaining power within the family are simultaneously...
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We develop and estimate an empirical collective model with endogenous marriage formation, participation, and family labor supply. Intra-household transfers arise endogenously as the transfers that clear the marriage market. The intra-household allocation can be recovered from observations on...
Persistent link: https://www.econbiz.de/10005704742
This paper develops the collective marriage matching model, a behavioral and empirically flexible framework that incorporates both marriage matching and intrahousehold allocations. The model shows how marriage market equilibrium and bargaining power within the family are simultaneously...
Persistent link: https://www.econbiz.de/10005771703