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Aggregation in Matching Markets

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Author Info
Dagsvik, John K

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Abstract

This article develops aggregate relations for a matching market of heterogeneous suppliers and demanders. Under particular assumptions about the distribution of preferences and the matching game. asymptotic aggregate relations for the number of realized matches of different types in the presence of flexible contracts (such as a price) are derived. Simulation experiments demonstrate that the model also provides excellent predictions in small populations. The potential for applications within demographic, labor market, and welfare analyses is discussed. Copyright 2000 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.

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Publisher Info
Article provided by Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association in its journal International Economic Review.

Volume (Year): 41 (2000)
Issue (Month): 1 (February)
Pages: 27-57
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Handle: RePEc:ier:iecrev:v:41:y:2000:i:1:p:27-57

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  1. John K. Dagsvik & Steinar Strøm, 2002. "Analyzing labor supply behavior with latent job opportunity sets and institutional choice constraints," ICER Working Papers 15-2002, ICER - International Centre for Economic Research. [Downloadable!]
    Other versions:
  2. Dagsvik, John K. & Strøm, Steinar, 2004. "Sectoral labor supply, choice restrictions and functional form," Memorandum 13/2004, Oslo University, Department of Economics. [Downloadable!]
    Other versions:
  3. Tom Kornstad & Thor Thoresen, 2007. "A discrete choice model for labor supply and childcare," Journal of Population Economics, Springer, vol. 20(4), pages 781-803, October. [Downloadable!] (restricted)
  4. Gunn Elisabeth Birkelund & Johan Heldal, 2003. "Who marries whom? Educational homogamy in Norway," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 8(1), pages 1-30, January. [Downloadable!]
  5. John K. Dagsvik and Zhiyang Jia, 2006. "Labor Supply as a Choice among Latent Job Opportunities. A Practical Empirical Approach," Discussion Papers 481, Research Department of Statistics Norway. [Downloadable!]
  6. Steinar StrØm & John K. Dagsvik, 2006. "Sectoral labour supply, choice restrictions and functional form," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 21(6), pages 803-826. [Downloadable!]
  7. Rune Johansen and John K. Dagsvik, 1999. "The Dynamics of a Behavioral Two-Sex Demographic Model," Discussion Papers 247, Research Department of Statistics Norway. [Downloadable!]
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