Assortative matching and search with labour supply and home production

Arbeitspapier

We extend the search-matching model of the marriage market of Shimer and Smith (2000) to allow for labor supply and home production. We characterize the steadystate equilibrium when exogenous divorce is the only source of risk. We study nonparametric identification using cross-section data on wages and hours worked, and we develop a nonparametric estimator. The estimated matching probabilities that can be derived from the steady-state flow conditions are strongly increasing in male and female wages. We estimate the expected share of marriage surplus appropriated by each spouse as a function of wages. The model allows to infer the specialization of female spouses in home production from observations on wages and hours worked.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: cemmap working paper ; No. CWP07/13

Classification and Topics

• Classification: Wirtschaft ; Bargaining Theory; Matching Theory ; Search; Learning; Information and Knowledge; Communication; Belief; Unawareness ; Marriage; Marital Dissolution; Family Structure; Domestic Abuse ; Time Allocation and Labor Supply
• Subject: Search-matching ; sorting ; assortative matching ; collective labor supply ; structural estimation

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Jacquemet, Nicolas ; Robin, Jean-Marc
• Event: Veröffentlichung
• (who): Centre for Microdata Methods and Practice (cemmap)
• (where): London
• (when): 2013

Further information

• DOI: doi:10.1920/wp.cem.2013.0713
• Handle: http://hdl.handle.net/10419/79513
• Last update: 10.03.2025, 11:45 AM CET