This paper analyzes the problem of matching heterogeneous agents in a Bayesian learning model. One agent gives a noisy signal to another agent, who is responsible for learning. If production has a strong informational component, a phase of cross-matching occurs, so that agents of low knowledge...

The objective of this paper is to apply a matching model to identify structural differences contributing to black/white discrepancies in intermarriage behavior. I propose a measurement of type for each individual, and I also propose a general matching algorithm to solve for the acceptable pool...

This paper tests for the endogeneity of one of the main elements separating different models of intrahousehold allocations, namely the household information set. Based on unusually rich data, I find that split migrant couples in the Nairobi slums invest considerable resources into information...

In contemporary times, in both the East and in the West, individuals wishing to get married have made increasing use of matchmakers. This notwithstanding, economists have paid scant attention to the strategies employed by matchmakers and to the likelihood of success arising from the use of these...

In contemporary times, in both the East and in the West, individuals wishing to get married have made increasing use of matchmakers. This notwithstanding, economists have paid scant attention to the strategies employed by matchmakers and to the likelihood of success arising from the use of these...

This paper investigates the identification and parametric estimation of marriagematching models. We first extend the identification result for the empirical dynamicmarriage matching model proposed in Choo (2015) by allowing the unobserved het-erogeneities to be drawn from more general...

Societies are characterized by customs governing the allocation of non-market goods such as marital partnerships. We explore how such customs affect the educational investment decisions of young singles and the subsequent joint labor supply decisions of partnered couples. We consider two...

Thurow's job-competition model implies that overeducation is contingent upon the differing skill endowments of employees. As yet, only rudimentary evidence has been furnished to confirm this relationship. In the present paper, we test the theory in a more sophisticated manner, by means of a more...

Employment protection systems are known to generate significant distortions in firms' hiring and firing decisions. We know much less about the impact of these regulations on worker effort. The goal of this paper is to fill in this gap and in particular to assess whether the provision of...

Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers because they prevent these workers from taking wage cuts necessary to finance training. In contrast, in noncompetitive labor markets, minimum wages tend to increase training of...