Equilibrium Search and the Impact of Equal Opportunities for Women

Melvyn Coles and Marco Francesconi

No 10827, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: This paper develops a new equilibrium model of two-sided search where ex-ante heterogenous individuals have general payoff functions and vectors of attributes. The analysis applies to a large class of models, from the non-transferable utility case to the collective household case with bargaining. The approach is powerful for it identifies a simple algorithm which, in the empirical application, is found to rapidly converge to equilibrium. Using indirect inference, we identify the differential effects of women's ability and charm on female match incentives. We use these results to assess the separate impacts of the arrival of equal opportunities for women in the labor market and the advent of the contraceptive pill on female economic activity and matching.

Keywords: multiple attribute matching; marriage; female labor supply; two-sided search; contraceptive pill (search for similar items in EconPapers)
JEL-codes: C6 J0 J1 N3 (search for similar items in EconPapers)
Pages: 44 pages
Date: 2017-06
New Economics Papers: this item is included in nep-dge, nep-lab and nep-upt
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Published - revised version published as 'Equilibrium Search with Multiple Attributes and the Impact of Equal Opportunities for Women' in: Journal of Political Economy, 2019, 127 (1), 138-162

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https://docs.iza.org/dp10827.pdf (application/pdf)

Related works:
Working Paper: Equilibrium Search and the Impact of Equal Opportunities for Women (2017)
Working Paper: Equilibrium Search and the Impact of Equal Opportunities for Women (2017)
Working Paper: Equilibrium Search and the Impact of Equal Opportunities for Women (2013)
Working Paper: Equilibrium Search and the Impact of Equal Opportunities for Women (2013)
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