This paper presents a tractable framework for studying frictionless matching in school, work, and marriage when … communicate and coordinate at lower resource cost. The theory delivers full task specialization in the labor and education markets …, but incomplete specialization in marriage. It also captures well-known matching patterns in each of these sectors …

This paper presents a tractable framework for studying frictionless matching in school, work, and marriage when … communicate and coordinate at lower resource cost. The theory delivers full task specialization in the labor and education markets …, but incomplete specialization in marriage. It also captures well-known matching patterns in each of these sectors …

naturally determines the automation rate. The robot can affect wages by substituting or replacing labors (automation). Our main … skill-neutral. When differentiated labor factor tax is enforced to manipulate wages, robot tax is no longer desirable, while …

This paper presents a tractable framework for studying frictionless matching in school, work, and marriage when … communicate and coordinate at lower resource cost. The theory delivers full task specialization in the labor and education markets …, but incomplete specialization in marriage. It also captures well-known matching patterns in each of these sectors …

functions as well as a method of simulated moments estimation of a panel data model of earnings dynamics. Five of the algorithms …

functions as well as a method of simulated moments estimation of a panel data model of earnings dynamics. Five of the algorithms …