Stable Marriage, Household Consumption and Unobserved Match Quality
Martin Browning,
Laurens Cherchye,
Thomas Demuynck,
Bram De Rock and
Frederic Vermeulen
No 14688, IZA Discussion Papers from Institute of Labor Economics (IZA)
Abstract:
We present a methodology for the structural empirical analysis of house- hold consumption and time use behaviour under marital stability. Our approach is of the revealed preference type and non-parametric, meaning that it does not require a prior functional specification of individual utilities. Without making use of the transferable utility assumption, but still allowing for monetary transfers, our method can identify individuals' unobserved match qualities and quantify them in money metric terms. We can include both preference factors, affecting individuals' preferences over private and public goods, and match quality factors, driving differences in unobserved match quality. We demonstrate the practical usefulness of our methodology through an application to the Belgian MEqIn data. Our results reveal intuitive patterns of unobserved match quality that allow us to rationalise both the observed matches and the within-household allocations of time and money.
Keywords: household consumption; marital stability; unobserved match quality; revealed preference analysis; intrahousehold allocation (search for similar items in EconPapers)
JEL-codes: C14 C78 D11 (search for similar items in EconPapers)
Pages: 45 pages
Date: 2021-08
New Economics Papers: this item is included in nep-isf
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)
Downloads: (external link)
https://docs.iza.org/dp14688.pdf (application/pdf)
Related works:
Working Paper: Stable marriage, household consumption and unobserved match quality (2021) 
Working Paper: Stable Marriage, Household Consumption and Unobserved Match Quality (2021) 
Working Paper: Stable marriage, household consumption and unobserved match quality (2021) 
Working Paper: Stable marriage, household consumption and unobserved match quality (2021) 
Working Paper: Stable marriage, household consumption and unobserved match quality (2021) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp14688
Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany
Access Statistics for this paper
More papers in IZA Discussion Papers from Institute of Labor Economics (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Holger Hinte ().