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We investigate a model of one-to-one matching with transferable utility when some of the characteristics of the players … separability assumption that generalizes Choo and Siow (2006). We first show that the stable matching maximizes a social gain … the impact of matching on unobserved characteristics. We use this result to derive simple closed-form formulæ that …
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In the context of the Beckerian theory of marriage, when men and women match on a single-dimensional index that is the …
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This paper examines the effects of reforms that reduced alimony on matching in the marriage market. Recent literature … assortative matching, as women forgo specialization which may not be compensated upon divorce. Using state-level data on alimony … reform that reduced the entitlements of eligible spouses and American Community Survey data on marriage and the …
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