Comparative Static and Computational Methods for an Empirical One-to-one Transferable Utility Matching Model

Bryan S. Graham

A chapter in Structural Econometric Models, 2013, vol. 31, pp 153-181 from Emerald Group Publishing Limited

Abstract: I show that the equilibrium distribution of matches associated with the empirical transferable utility one-to-one matching (TUM) model introduced byChoo and Siow (2006a,2006b)corresponds to the fixed point of system ofK+Lnonlinear equations; withKandLrespectively equal to the number of discrete types of women and men. I use this representation to derive new comparative static results, showing how the match distribution varies with match surplus and the marginal distributions of agent types.

Keywords: Transferable Utility Matching (TUM); Choo–Siow Model; matching equilibrium; comparative statics; C62; C68; C78 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:eme:aecozz:s0731-9053(2013)0000032006

DOI: 10.1108/S0731-9053(2013)0000032006

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