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Persistent link: https://www.econbiz.de/10015133993
We present an equilibrium model of inter-linked frictional labour and marriage markets. In the marital market, men and women are involved in random sequential search for a partner. Men are seen as breadwinners in the family, and therefore in the labour market unemployed men carry out a...
Persistent link: https://www.econbiz.de/10014541634
We propose a theoretical explanation for the so-called “beauty premium”. Our approach relies entirely on search frictions and the fact that physical appearance plays an important role in attracting a marriage partner. We analyse the interaction between frictional labour and marriage markets,...
Persistent link: https://www.econbiz.de/10012971994
Persistent link: https://www.econbiz.de/10003392339