Marriage with Labor Supply - Sciences Po Access content directly
Preprints, Working Papers, ... Year :

Marriage with Labor Supply

Nicolas Jacquemet
Jean-Marc Robin

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.
Fichier principal
Vignette du fichier
marriagelaboursupply-sep2011.pdf (655.41 Ko) Télécharger le fichier
Origin : Files produced by the author(s)
Loading...

Dates and versions

hal-01073728 , version 1 (10-10-2014)

Identifiers

Cite

Nicolas Jacquemet, Jean-Marc Robin. Marriage with Labor Supply. 2011. ⟨hal-01073728⟩
96 View
76 Download

Share

Gmail Facebook Twitter LinkedIn More