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This paper considers the identification and estimation of hedonic models. We establish that in an additive version of the hedonic model, technology and preferences are generically nonparametrically identified from data on demand and supply in a single hedonic market. The empirical literature...
Persistent link: https://www.econbiz.de/10005733096
We construct a marriage market model of matching along multiple dimensions, some of which are unobservable, in which individual preferences can be summarized by a one-dimensional index combining the various characteristics. We show that, under testable assumptions, these indices are ordinally...
Persistent link: https://www.econbiz.de/10011010632
We analyze, from a theoretical perspective, the impact of innovations in birth control technology on intrahousehold allocation of resources. We consider a model of frictionless matching on the marriage market in which men, as well as women, differ in their preferences for children; moreover,...
Persistent link: https://www.econbiz.de/10005728867
We extend the collective model of household behavior to allow for the existence of public consumption. We show how this model allows the analysis of welfare consequences of policies aimed at changing the distribution of power within the household. Our setting provides a conceptual framework for...
Persistent link: https://www.econbiz.de/10005833498