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Consider a model of bargaining, in which two players, 1 and 2, share a pie of size y. The bargaining environment is described by a set of parameters ? that may affect agents’ preferences over the agreement sharing, the status quo outcome, or both. The outcomes (i.e., whether an agreement is...
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We develop a matching model on the marriage market, where individuals have preferences over the smoking status of potential mates, and over their socioeconomic quality. Spousal smoking is bad for non-smokers, but it is neutral for smokers, while individuals always prefer high socioeconomic...
Persistent link: https://www.econbiz.de/10009353435
We construct a matching model on the marriage market along more than one characteristic, where individuals have preferences over physical attractiveness and socioeconomic characteristics that can be summarized by a one-dimensional index combining these various attributes. We show that under a...
Persistent link: https://www.econbiz.de/10009353439
We analyze the interaction of race with physical and socioeconomic characteristics in the U.S. marriage market, using the Panel Study of Income Dynamics from 1999 to 2009 for black, white, and inter-racial couples. We consider the anthropometric characteristics of both spouses, together with...
Persistent link: https://www.econbiz.de/10009395430
This paper derives necessary and sufficient conditions for nonparametric transformation models to be (i) correctly specified, and (ii) identified. Our correct specification conditions come in a form of partial differential equations; when satisfied by the true distribution, they ensure that the...
Persistent link: https://www.econbiz.de/10009399809
We develop a two-sided matching model with positive sorting, divorce and remarriage. Match quality for each couple is revealed ex post and those with poor draws divorce. Competition determines lifetime expected utilities but per-period utilities depend on the laws that govern the distribution of...
Persistent link: https://www.econbiz.de/10009399814
We develop a collective household model with spousal matching in which there exists marital gains to assortative matching and marriage quality for each couple is revealed ex post. Changes in alimony laws are shown to affect existing couples and couples-to-be differently. For existing couples,...
Persistent link: https://www.econbiz.de/10008876562
[fre] L'article reprend les discussions récentes sur les conséquences de la non-rémunération des dépôts, en insistant sur les principaux arguments théoriques avancés. Ceux-ci sont regroupés en trois catégories, selon qu'ils ont trait à «l'organisation industrielle» du secteur...
Persistent link: https://www.econbiz.de/10008614061