Marriage, Labor Supply, and Home Production: A Longitudinal Microeconomic Analysis of Marriage, Intra-Household Bargaining and Time Use Using the BHPS, 1991-2008
Marion Goussé,
Nicolas Jacquemet and
Jean-Marc Robin
Cahiers de recherche from CIRPEE
Abstract:
We extend the search-matching model of the marriage market of Shimer and Smith (2000) to allow for labor supply, home production, match-specific shocks and endogenous divorce. We study nonparametric identification using panel data on marital status, education, family values, wages, and market and non market hours, and we develop a semiparametric estimator. We estimate how much sorting results from time use specialization or homophilic preferences. We estimate how equilibrium marriage formation affects the wage elasticities of market and non market hours. We estimate individuals’ willingness to pay for marriage and quantify the redistributive effect of intra-household resource sharing.
Keywords: Search-matching; sorting; assortative matching; collective labor supply; structural estimation. (search for similar items in EconPapers)
JEL-codes: C78 D83 J12 J22 (search for similar items in EconPapers)
Date: 2016
New Economics Papers: this item is included in nep-dge, nep-lma and nep-ltv
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Citations: View citations in EconPapers (4)
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Working Paper: Marriage, Labor Supply, and Home Production: A Longitudinal Microeconomic Analysis of Marriage, Intra-Household Bargaining and Time Use Using the BHPS, 1991-2008 (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:lvl:lacicr:1601
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