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This paper examines the interactions between household matching, inequality, and per capita income. We develop a model in which agents decide whether to become skilled or unskilled, form households, consume and have children. We show that the equilibrium sorting of spouses by skill type (their...
Persistent link: https://www.econbiz.de/10012470136
According to Pareto (1896), the distribution of income depends on ``the nature of the people comprising a society, on the organization of the latter, and, also, in part, on chance.'' In the model developed here the ``nature of the people'' is captured by attitudes toward marriage, divorce,...
Persistent link: https://www.econbiz.de/10005504011
This paper describes an overlapping-generations model of marriage, fertility, and income distribution.
Persistent link: https://www.econbiz.de/10005428208
This paper examines the interactions between household matching, inequality, and per capita income. We develop a model in which agents decide whether to become skilled or unskilled, form households, consume and have children. We show that the equilibrium sorting of spouses by skill type (their...
Persistent link: https://www.econbiz.de/10011653009
Persistent link: https://www.econbiz.de/10001502912
Persistent link: https://www.econbiz.de/10001461643
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