Labor market decisions are not taken in isolation when individuals are engaged in stable relationships. Our analysis is designed to determine the joint equilibrium distribution of schooling levels, labor market outcomes, and marriage market statuses. We assume individuals begin adult life by...

In this paper we estimate a model of general and human capital investment within a partial equilibrium model of search. The estimated model enables us to determine the production technology for both types of human capital and to assess their value in the sense of productivity and welfare of...