Botticini, Maristella; Siow, Aloysius - University of Toronto, Department of Economics - 2008
The returns to scale of marriage markets have important behavioral and welfare consequences. It is quantitatively … difficult to estimate the returns to scale because, due to endogenous migration, the marriage market size is endogenous. This … paper addresses the endogeneity in two ways. First, it estimates the degree of returns to scale in U.S. marriage markets …