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a simple matching model. The model is identified and estimated using data from the Indian Human Development household …
Persistent link: https://www.econbiz.de/10012799787
matching market offers contracts. I show that when expected marital surplus is strictly monotonic in agents' types, no … separating equilibrium that achieves matching efficiency exists. I then study a social planner's problem, finding necessary and … sufficient conditions for a truthful direct revelation mechanism to achieve matching efficiency. These conditions become more …
Persistent link: https://www.econbiz.de/10013097693
We investigate the role of marital patterns in explaining rising income inequality using a structural marriage matching …
Persistent link: https://www.econbiz.de/10011871663
(capacities), its elimination also raises the long-run assortativeness of matching. These findings demonstrate that when social …
Persistent link: https://www.econbiz.de/10011252632
(capacities), its elimination also raises the long-run assortativeness of matching. These findings demonstrate that when social …
Persistent link: https://www.econbiz.de/10011440139
We propose a novel structural method to empirically identify economies of scale in household consumption. We assume collective households with consumption technologies that define the public and private nature of expenditures through Barten scales. Our method recovers the technology by solely...
Persistent link: https://www.econbiz.de/10011543531
(capacities), its elimination also raises the long-run assortativeness of matching. These findings demonstrate that when social …
Persistent link: https://www.econbiz.de/10010530523
We show that information revealed by the occupation choices of spouses predicts marital dissolution. Using a novel measure of occupational distance constructed from the O*Net Content Model, we find that spouses more closely matched in terms of their occupations' requisite knowledge are more...
Persistent link: https://www.econbiz.de/10010463648
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 …
Persistent link: https://www.econbiz.de/10008905990
There is some controversy in the field of household economics regarding the efficiency of household decisions. We make the point that a flexible specification of spousal preferences and the household production technology precludes the possibility of using revealed preference data on household...
Persistent link: https://www.econbiz.de/10010201289