On the empirical content of the Beckerian marriage model

B-Tier
Journal: Economic Theory
Year: 2019
Volume: 67
Issue: 2
Pages: 349-362

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Abstract This note studies the empirical content of a simple marriage matching model with transferable utility, based on Becker (J Polit Econ 81:813–846, 1973). Under Becker’s conditions, the equilibrium matching is unique and assortative. However, this note shows that when the researcher only observes a subset of relevant characteristics, the unique assortative matching does not uniquely determine a distribution of observed characteristics. This precludes standard approaches to point estimation of the underlying model parameters. We propose a solution to this problem, based on the idea of “random matching.”

Technical Details

RePEc Handle
repec:spr:joecth:v:67:y:2019:i:2:d:10.1007_s00199-018-1106-z
Journal Field
Theory
Author Count
3
Added to Database
2026-01-25