In this paper, we use a two-period one-to-one matching model with incomplete information to examine the effect of … of each potential marriage decides whether to marry or to remain single at the beginning of the first period. Individuals … whether to stay married or to unilaterally divorce. We show that, for any society, there exist matching environments where the …

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 … female wages. We estimate the expected share of marriage surplus appropriated by each spouse as a function of wages. The …

An important paper by Chiappori et al. (2012) has proposed an elegant and parsimonious model of spousal matching over …

frictions and the fact that physical appearance plays an important role in attracting a marriage partner. We analyse the … interaction between frictional labour and marriage markets and establish the existence of a search equilibrium characterised by … male wage differentials. The equilibrium may also display the "marriage premium". predicted to be lower among attractive …

We embed a two-sided matching market with non-transferable utility, a marriage market, into a random search model. We … matchings for the underlying marriage market. We show that this is the case if and only if there is a unique stable matching … decentralized marriage markets. …