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The Econometrics of Matching Models

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  • Pierre-André Chiappori
  • Bernard Salanié

Abstract

Many questions in economics can be fruitfully analyzed in the framework of matching models. Until recently, empirical work has lagged far behind theory in this area. This review reports on recent developments that have considerably expanded the range of matching models that can be taken to the data. A leading theme is that in such two-sided markets, knowing the observable characteristics of partners alone is not enough to credibly identify the relevant parameters. A combination of richer data and robust, theory-driven restrictions is required. We illustrate this on leading applications.

Suggested Citation

  • Pierre-André Chiappori & Bernard Salanié, 2016. "The Econometrics of Matching Models," Journal of Economic Literature, American Economic Association, vol. 54(3), pages 832-861, September.
  • Handle: RePEc:aea:jeclit:v:54:y:2016:i:3:p:832-61
    Note: DOI: 10.1257/jel.20140917
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    References listed on IDEAS

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    Cited by:

    1. Álvarez de Toledo, Pablo & Núñez, Fernando & Usabiaga, Carlos, 2020. "Matching in segmented labor markets: An analytical proposal based on high-dimensional contingency tables," Economic Modelling, Elsevier, vol. 93(C), pages 175-186.
    2. Adda, Jérôme & Pinotti, Paolo & Tura, Giulia, 2020. "There's More to Marriage than Love: The Effect of Legal Status and Cultural Distance on Intermarriages and Separations," CEPR Discussion Papers 14432, C.E.P.R. Discussion Papers.
    3. Bovet, Jeanne & Raiber, Eva & Ren, Weiwei & Seabright, Paul & Wang, Charlotte, 2021. "What Do Parents Want? Parental Spousal Preferences in China," CEPR Discussion Papers 16035, C.E.P.R. Discussion Papers.
    4. Marcassa, Stefania & Pouyet, Jérôme & Trégouët, Thomas, 2020. "Marriage strategy among the European nobility," Explorations in Economic History, Elsevier, vol. 75(C).
    5. Stefan Steinerberger & Aleh Tsyvinski, 2019. "Tax Mechanisms and Gradient Flows," Papers 1904.13276, arXiv.org.
    6. Grossbard, Shoshana, 2016. "Marriage and Marriage Markets," IZA Discussion Papers 10312, Institute of Labor Economics (IZA).
    7. Michael Greinecker & Christopher Kah, 2018. "Pairwise stable matching in large economies," Working Papers 2018-02, Faculty of Economics and Statistics, University of Innsbruck.
    8. Aue, Robert & Bach, Maximilian & Heigle, Julia & Klein, Thilo & Pfeiffer, Friedhelm & Zapp, Kristina, 2020. "The implication of school admission rules for segregation and educational inequality: Research report," ZEW Expertises, ZEW - Leibniz Centre for European Economic Research, number 223254.
    9. Alberto Bisin & Giulia Tura, 2019. "Marriage, Fertility, and Cultural Integration in Italy," NBER Working Papers 26303, National Bureau of Economic Research, Inc.
    10. Alberto Bisin & Giulia Tura, 2019. "Marriage, Fertility, and Cultural Integration of Immigrants in Italy," Working Papers 2019-063, Human Capital and Economic Opportunity Working Group.
    11. Christian Ahlin, 2020. "Group lending, matching patterns, and the mystery of microcredit: Evidence from Thailand," Quantitative Economics, Econometric Society, vol. 11(2), pages 713-759, May.
    12. Ariel J. Binder & David Lam, 2018. "Is There a Male Breadwinner Norm? The Hazards of Inferring Preferences from Marriage Market Outcomes," NBER Working Papers 24907, National Bureau of Economic Research, Inc.
    13. Inés Macho-Stadler & David Pérez-Castrillo, 2021. "Agency theory meets matching theory," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 12(1), pages 1-33, March.
    14. Inés Macho-Stadler & David Pérez-Castrillo, 0. "Agency theory meets matching theory," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 0, pages 1-33.
    15. Michael Greinecker & Christopher Kah, 2018. "Pairwise stable matching in large economies," Graz Economics Papers 2018-01, University of Graz, Department of Economics.
    16. Edoardo Rainone, 2017. "Pairwise trading in the money market during the European sovereign debt crisis," Temi di discussione (Economic working papers) 1160, Bank of Italy, Economic Research and International Relations Area.
    17. Pierre-Andr'e Chiappori & Alfred Galichon & Bernard Salani'e, 2021. "On Human Capital and Team Stability," Papers 2102.06487, arXiv.org.
    18. Álvarez de Toledo, Pablo & Núñez, Fernando & Usabiaga, Carlos, 2018. "Matching and clustering in square contingency tables. Who matches with whom in the Spanish labour market," Computational Statistics & Data Analysis, Elsevier, vol. 127(C), pages 135-159.
    19. Anna Aizer & Shari Eli & Adriana Lleras-Muney, 2020. "The Incentive Effects of Cash Transfers to the Poor," NBER Working Papers 27523, National Bureau of Economic Research, Inc.
    20. Jacob Schwartz, 2018. "Schooling Choice, Labour Market Matching, and Wages," Papers 1803.09020, arXiv.org, revised Aug 2019.
    21. Roy Allen & John Rehbeck, 2020. "Hicksian complementarity and perturbed utility models," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 8(2), pages 245-261, October.
    22. Eva Raiber & Weiwei Ren & Jeanne Bovet & Paul Seabright, 2021. "What Do Parents Want? Parental Spousal Preferences in China," AMSE Working Papers 2125, Aix-Marseille School of Economics, France.
    23. Itai Ashlagi & Mark Braverman & Yash Kanoria & Peng Shi, 2020. "Clearing Matching Markets Efficiently: Informative Signals and Match Recommendations," Management Science, INFORMS, vol. 66(5), pages 2163-2193, May.
    24. Cheremukhin, Anton & Restrepo-Echavarria, Paulina & Tutino, Antonella, 2020. "Targeted search in matching markets," Journal of Economic Theory, Elsevier, vol. 185(C).

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    More about this item

    JEL classification:

    • C57 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Econometrics of Games and Auctions
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory

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