Showing 311 - 320 of 432
Persistent link: https://www.econbiz.de/10012230346
In this paper, I develop an integrated approach to collective models and matching models of the marriage market. In the collective framework, both household formation and the intra-household allocation of bargaining power are taken as given. This is no longer the case in the present...
Persistent link: https://www.econbiz.de/10012934190
We extend the classic matching model of Choo and Siow (2006) to allow for the possibility that rate at which potential partners meet affects their probability of matching. We investigate the implications on estimated match surplus and supermodularity
Persistent link: https://www.econbiz.de/10012956574
In this paper, we describe mating patterns in the United States from 1964 to 2017 and measure the impact of changes in marital preferences on between-household income inequality. We rely on the recent literature on the econometrics of matching models to estimate complementarity parameters of the...
Persistent link: https://www.econbiz.de/10014130507
We consider the problem of superhedging under volatility uncertainty for an investor allowed to dynamically trade the underlying asset, and statically trade European call options for all possible strikes with some given maturity. This problem is classically approached by means of the Skorohod...
Persistent link: https://www.econbiz.de/10010734012
This paper studies efficient risk-sharing rules for the concave dominance order. For a univariate risk, it follows from a comonotone dominance principle, due to Landsberger and Meilijson (1994) [27], that efficiency is characterized by a comonotonicity condition. The goal of the paper is to...
Persistent link: https://www.econbiz.de/10010582587
Suppose that a target function is monotonic and an available original estimate of this target function is not monotonic. Rearrangements, univariate and multivariate, transform the original estimate to a monotonic estimate that always lies closer in common metrics to the target function....
Persistent link: https://www.econbiz.de/10008546151
Persistent link: https://www.econbiz.de/10009819441
Persistent link: https://www.econbiz.de/10009548953
We analyze marital matching on income using an extremely rich Dutch data set containing all income tax files over four years. We develop a novel methodology that directly extends previous contributions to allow for highly flexible matching patterns. Investigating all marriages that took place...
Persistent link: https://www.econbiz.de/10014278435