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: efficiently or inefficiently. Under strong, but standard, assumptions regarding marriage market equilibria, marital sorting … efficient or not. We develop a new likelihood-based metric to compare marriage market fits under the two alternative behavioral …
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stable. In particular, stability means that the marriage matching is individually rational and has no blocking pairs. We show …We develop a novel framework to analyze the structural implications of the marriage market for household consumption … patterns. We start by defining a revealed preference characterization of efficient household consumption when the marriage is …
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or region of residence) operate on the same marriage market and are characterized by a homogeneous consumption technology … consumption level in case of marriage dissolution or spousal death. …
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. Stability means that the marriage matching is individually rational and has no blocking pairs. We characterize stable marriage …We develop a novel framework to analyze the structural implications of the marriage market for household consumption …. We define a revealed preference characterization of efficient household consumption when the marriage is stable …
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