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This paper examines the interactions between household matching, inequality, and per capita income. We develop a model in which agents decide whether to become skilled or unskilled, form households, consume and have children. We show that the equilibrium sorting of spouses by skill type (their...
Persistent link: https://www.econbiz.de/10013223865
This paper examines the interactions between household matching, inequality, and per capita income. We develop a model in which agents decide whether to become skilled or unskilled, form households, consume and have children. We show that the equilibrium sorting of spouses by skill type (their...
Persistent link: https://www.econbiz.de/10012470136
This paper examines the interactions between household matching, inequality, and per capita income. We develop a model in which agents decide whether to become skilled or unskilled, form households, consume and have children. We show that the equilibrium sorting of spouses by skill type (their...
Persistent link: https://www.econbiz.de/10014122338
We argue that one of the key channels linking the labor and marriage markets is the decision of when to become a parent. We develop art equilibrium model of marriage, divorce, and human capital accumulation that allows for differential timing of fertility. We calibrate the model to US panel data...
Persistent link: https://www.econbiz.de/10014123038