Showing 1 - 5 of 5
This paper presents a tractable framework for studying frictionless matching in school, work, and marriage when individuals have heterogeneous social and cognitive skills. In the model, there are gains to specialization and team production, but specialization requires communication and...
Persistent link: https://www.econbiz.de/10010282273
The paper investigates how marriage rates and the gains to marriage are affected by city size in three societies, medieval Tuscany, China in 1980 and the United States in 2000. Internal migration was severely limited in China until the late seventies. Population supplies in each US city were...
Persistent link: https://www.econbiz.de/10005069357
The paper surveys the Choo Siow (CS) marriage matching model and its extensions. CS derives a behavioral marriage matching function. The collective model of intra-household allocations can be integrated into this framework. Spousal labor supplies respond to changing marriage market conditions....
Persistent link: https://www.econbiz.de/10005827283
In a static frictionless transferable utilities bilateral matching market with systematic and idiosyncratic payoffs, supermodularity of the match output function implies a strong form of positive assortative matching: The equilibrium matching distribution has all positive local log odd ratios or...
Persistent link: https://www.econbiz.de/10005704768
This paper presents a tractable framework for studying frictionless matching in school, work, and marriage when individuals have heterogeneous social and cognitive skills. In the model, there are gains to specialization and team production, but specialization requires communication and...
Persistent link: https://www.econbiz.de/10011279354