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Marriage with labor supply

Nicolas Jacquemet () and Jean-Marc Robin

Documents de travail du Centre d'Economie de la Sorbonne from Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne

Abstract: We propose a search-matching model of the marriage market that extends Shimer and Smith (2000) to allow for labor supply. We characterize the steady-state equilibrium when exogenous divorce is the only source of risk. The estimated matching probabilities that can be derived from the steady-state flow conditions are strongly increasing in both male and female wages. We estimate that the share of marriage surplus appropriated by the man increases with his wage and that the share appropriated by the woman decreases with her wage. We find that leisure is an inferior good for men and a normal good for women

Keywords: Marriage search model; collective labor supply; structural estimation (search for similar items in EconPapers)
JEL-codes: C78 D83 J12 J22 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2011-09
New Economics Papers: this item is included in nep-dem, nep-dge, nep-lab and nep-lma
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (20)

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ftp://mse.univ-paris1.fr/pub/mse/CES2011/11050.pdf (application/pdf)

Related works:
Working Paper: Marriage with Labor Supply (2011) Downloads
Working Paper: Marriage with Labor Supply (2011) Downloads
Working Paper: Marriage with Labor Supply (2011) Downloads
Working Paper: Marriage with Labor Supply (2011) Downloads
Working Paper: Marriage with Labor Supply (2011) Downloads
Working Paper: Marriage with Labor Supply (2011) Downloads
Working Paper: Marriage with Labor Supply (2011) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:mse:cesdoc:11050

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