The Collective Marriage Matching Model: Identification, Estimation and Testing

Eugene Choo, Shannon Seitz () and Aloysius Siow ()

Working Papers from University of Toronto, Department of Economics

Abstract: We develop and estimate an empirical collective model with endogenous marriage formation, participation, and family labor supply. Intra-household transfers arise endogenously as the transfers that clear the marriage market. The intra-household allocation can be recovered from observations on marriage decisions. Introducing the marriage market in the collective model allows us to independently estimate transfers from labor supplies and from marriage decisions. We estimate a semi-parametric version of our model using 2000 US Census data. Estimates of the model using marriage data are much more consistent with the theoretical predictions than estimates derived from labor supply.

Keywords: collective model; marriage matching; intrahousehold allocations (search for similar items in EconPapers)
JEL-codes: J1 J2 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-lab
Date: 2008-10-09
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Working Paper: The Collective Marriage Matching Model: Identification, Estimation and Testing (2008)
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