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We study the marriage problem where a probability distribution over matchings is chosen. The “core” has been central to …
Persistent link: https://www.econbiz.de/10014183378
We study marriage problems where two groups of agents match to each other and probabilistic assignments are possible …
Persistent link: https://www.econbiz.de/10014143817
We study the implementability of stable correspondences in marriage markets with externalities. We prove that, contrary …
Persistent link: https://www.econbiz.de/10014105711
We propose a search-matching model of the marriage market that extends Shimer and Smith (2000) to allow for labor … female wages. We estimate that the share of marriage surplus appropriated by the man increases with his wage and that the …
Persistent link: https://www.econbiz.de/10013119348
marry or cohabitate. Marriage encourages but does not ensure a higher level of spousal commitment, which in turn can … prefer to act with commitment in marriage are matched with someone who has the same preference. In such an equilibrium, the …-matching equilibria in which a partner who is willing to act with commitment in marriage is matched with someone who is not. In all such …
Persistent link: https://www.econbiz.de/10013157043
This note studies the empirical content of a simple marriage matching model with transferable utility, based on Becker …
Persistent link: https://www.econbiz.de/10012957444
This paper documents relationships between age at marriage and labor-market out- come reflected by personal income as … well as relationships between age at marriage and marriage-market outcome reflected by spousal income for Americans born … from 1900s to 1970s, and motivated by these documented relationships, provides a theory based on human capital investments …
Persistent link: https://www.econbiz.de/10012938075
We present a methodology for the structural empirical analysis of household consumption and time use behaviour under marital stability. Our approach is of the revealed preference type and non-parametric, meaning that it does not require a prior functional specification of individual utilities....
Persistent link: https://www.econbiz.de/10013212987
We extend the search-matching model of the marriage market of Shimer and Smith (2000) to allow for labor supply, home … estimate how much sorting results from time use specialization or homophilic preferences. We estimate how equilibrium marriage … formation affects the wage elasticities of market and non market hours. We estimate individuals’ willingness to pay for marriage …
Persistent link: https://www.econbiz.de/10014130419
This paper proposes a general equilibrium approach to examine the marriage market and within-household transfers. Using … unidimensional marriage index then I implement a multidimensional matching model to allow for complementarities in characteristics of … find that the marriage market is more efficient for young individuals who are more selective. Finally, I compute the …
Persistent link: https://www.econbiz.de/10014140067