Assortative Matching and the Education Gap

Ximena Peña
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Ximena Peña: Department of Economics, Georgetown University, http://econ.georgetown.edu/
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Working Papers from Georgetown University, Department of Economics

Abstract: This paper attempts to explain the decrease and reversal of the education gap between males and females. Given a continuum of agents, the education decisions are modelled as an assignment game with endogenous types. In the first stage agents choose their education level and in the second they participate in the labor and marriage markets. Competition among potential matches ensures that the efficient education levels can always be sustained in equilibrium, but there may be inefficient equilibria. Combining asymmetries intrinsic to the modelled markets the model reproduces the observed education gap.

Keywords: Assortative matching; pre-marital investments; efficiency (search for similar items in EconPapers)
JEL-codes: C78 D13 D61 (search for similar items in EconPapers)
Date: 2006-06-12
New Economics Papers: this item is included in nep-edu, nep-hrm and nep-lab
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Working Paper: Assortative Matching and the Education Gap (2006)
Working Paper: Assortative Matching and the Education Gap (2006)
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