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Persistent link: https://www.econbiz.de/10011312765
Over the past few decades, matching models, which use mathematical frameworks to analyze allocation mechanisms for heterogeneous products and individuals, have attracted renewed attention in both theoretical and applied economics. These models have been used in many contexts, from labor markets...
Persistent link: https://www.econbiz.de/10011813890
Persistent link: https://www.econbiz.de/10012404593
Over the past few decades, matching models, which use mathematical frameworks to analyze allocation mechanisms for heterogeneous products and individuals, have attracted renewed attention in both theoretical and applied economics. These models have been used in many contexts, from labor markets...
Persistent link: https://www.econbiz.de/10014481577
We present a model with pre-marital schooling investment, endogenous marital matching and spousal specialization in homework and market production. Investment in schooling raises ages and generates two kinds of returns in our framework: a labor-market return and a marriage-market return because...
Persistent link: https://www.econbiz.de/10010267742
We reconsider the well known Becker-Coase (BC) argument, according to which changes in divorce laws should not affect divorce rates, in the context of households which consume public goods in addition to private goods. For this result to hold, utility must be transferable both within marriage...
Persistent link: https://www.econbiz.de/10010267917
We develop a two-sided matching model with positive sorting, divorce and remarriage. Match quality for each couple is revealed ex post and those with poor draws divorce. Competition determines lifetime expected utilities but per-period utilities depend on the laws that govern the distribution of...
Persistent link: https://www.econbiz.de/10010272030
We extend the collective model of household behavior to allow for the existence of public consumption. Under a separability assumption, we show that the observation of the labor supplies and the household demand for the public good allow to identify preferences and the decision process up to...
Persistent link: https://www.econbiz.de/10010293051
We present identification and estimation results for the collective model of labour supply in which there are discrete choices, censoring of hours and nonparticipation in employment. We derive the collective restrictions on labour supply functions and contrast them with restrictions implied by...
Persistent link: https://www.econbiz.de/10010332988
The extent to which like-with like marry is particularly important for inequality as well as for the outcomes of children that result from the union. In this paper we discuss approaches to the measurement of changes in assortative mating. We derive two key conditions that a well-defined measure...
Persistent link: https://www.econbiz.de/10012265340