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We study a matching model with heterogeneous agents, nontransferable utility and search frictions. Agents differ along … specifications can be treated as a case of horizontal heterogeneity only. -- Matching ; Horizontal Differentiation ; Marriage Markets …
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In this paper, we use a two-period one-to-one matching model with incomplete information to examine the effect of … whether to stay married or to unilaterally divorce. We show that, for any society, there exist matching environments where the … probability of the marital dissolution does not reduce divorce costs under gender-optimal matching rules. In such environments, an …
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We extend the search-matching model of the marriage market of Shimer and Smith (2000) to allow for labor supply and … estimated matching probabilities that can be derived from the steady-state flow conditions are strongly increasing in male and …
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This paper develops a new equilibrium model of two-sided search where agents have multiple attributes and general payoff functions. The model can be applied to several substantive issues. Here we use it to provide a novel understanding of the separate effects of equal opportunities for women in...
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