Heterogeneity in Spousal Matching Models

Jason Fletcher and Norma Padrón ()
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Norma Padrón: Yale University

No 8936, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: An important paper by Chiappori et al. (2012) has proposed an elegant and parsimonious model of spousal matching over multi-dimensional characteristics. Importantly, the model suggests specific testable assumptions that allow researchers to uncover marginal rates of substitution (MRS) between spousal traits, and the authors use the Panel Study of Income Dynamics to show that the model is not rejected by the data. In this paper, we extend the analysis to two additional representative samples of US couples and find in each case, the data reject the MRS implication of the model.

Keywords: marriage market; marriage matching; multidimensional matching; trade-offs; spouses; body mass index (BMI); education (search for similar items in EconPapers)
JEL-codes: C78 D1 J1 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2015-03
New Economics Papers: this item is included in nep-gth
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Citations: View citations in EconPapers (1)

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