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Equilibrium Search with Multiple Attributes and the Impact of Equal Opportunities for Women

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  • Melvyn G. Coles
  • Marco Francesconi

Abstract

This paper considers equilibrium two-sided search with ex ante heterogeneous agents, vectors of attributes, and idiosyncratic match draws. The analysis applies to a large class of models, from the nontransferable utility case to the collective household model with bargaining, for which transferable utility is a special case. The approach is powerful for it identifies a simple algorithm that, in our numerical application, is found to rapidly converge to equilibrium. Our application explores the impact of equal opportunities for women in the labor market on female match incentives and the timing of marriage.

Suggested Citation

  • Melvyn G. Coles & Marco Francesconi, 2019. "Equilibrium Search with Multiple Attributes and the Impact of Equal Opportunities for Women," Journal of Political Economy, University of Chicago Press, vol. 127(1), pages 138-162.
  • Handle: RePEc:ucp:jpolec:doi:10.1086/700731
    DOI: 10.1086/700731
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    Cited by:

    1. Giorgio Gronchi & Elena Parilina & Alessandro Tampieri, 2021. "Plenty of Fish in the Sea: Divorce Choice and the Quality of Singles," Mathematics, MDPI, vol. 9(23), pages 1-33, November.
    2. Freund, L. B., 2022. "Superstar Teams: The Micro Origins and Macro Implications of Coworker Complementarities," Cambridge Working Papers in Economics 2276, Faculty of Economics, University of Cambridge.
    3. Stephan Lauermann & Georg Nöldeke & Thomas Tröger, 2020. "The Balance Condition in Search‐and‐Matching Models," Econometrica, Econometric Society, vol. 88(2), pages 595-618, March.
    4. Barban, Nicola & De Cao, Elisabetta & Francesconi, Marco, 2021. "Gene‐Environment Effects on Female Fertility," CINCH Working Paper Series (since 2020) 74910, Duisburg-Essen University Library, DuEPublico.
    5. Alfred Galichon & Simon Weber, 2024. "Matching under Imperfectly Transferable Utility," Papers 2403.05222, arXiv.org.

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