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Integrating Roy with Becker, this paper studies occupational choice and matching in the labor market. Our model generates occupation earnings distributions which are right skewed, have firm fixed effects, and large changes in aggregate earnings inequality without significant changes in within...
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This paper proposes an elementary empirical framework to study behavioral marriage matching models, the Cobb Douglas marriage matching function (CD MMF). It accommodates different kinds of relationships, peer and scale effects, changes in population supplies and gains to relationships. The CD...
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China has achieved impressive growth over the last three decades. However, there has been debate over the sources of the growth, and the role of the intensive versus extensive margin. Growth accounting exercises at the aggregate level (Rawski and Perkins, 2008; Bosworth and Collins, 2008) suggest an...
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