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How does the marriage market clear? An empirical framework

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  • Aloysius Siow

Abstract

The paper surveys the Choo and Siow (2006) marriage matching model and its extensions. CS derives a behavioural marriage-matching function. The collective model of intra-household allocations can be integrated into this framework. Spousal labour supplies respond to changing marriage marke t conditions. Marriage market tightness, the ratio of unmarried type "i" men to unmarried type "j" women is a sufficient statistic for marriage market conditions for those types of individuals. The hypothesis that spousal labour supplies vary to equilibrate the marriage market has overidentifying restrictions. The framework extends to a dynamic marriage-matching environment. Empirically, this paper shows how the famine caused by the great leap forward in Sichuan affected the marital behaviour of famine-born cohorts. Marriage market tightness is shown to be a useful statistic for summarizing marriage market conditions in the United States. Marriage market conditions in the contemporary United States primarily affect spousal labour force participation rather than hours of work.

Suggested Citation

  • Aloysius Siow, 2008. "How does the marriage market clear? An empirical framework," Canadian Journal of Economics, Canadian Economics Association, vol. 41(4), pages 1121-1155, November.
  • Handle: RePEc:cje:issued:v:41:y:2008:i:4:p:1121-1155
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    Cited by:

    1. J. Emery & Ana Ferrer, 2009. "Marriage market imbalances and labor force participation of Canadian women," Review of Economics of the Household, Springer, vol. 7(1), pages 43-57, March.
    2. Decker, Colin & Lieb, Elliott H. & McCann, Robert J. & Stephens, Benjamin K., 2013. "Unique equilibria and substitution effects in a stochastic model of the marriage market," Journal of Economic Theory, Elsevier, vol. 148(2), pages 778-792.
    3. Eugene Choo & Shannon Seitz & Aloysius Siow, 2008. "The Collective Marriage Matching Model: Identification, Estimation and Testing," Working Papers tecipa-340, University of Toronto, Department of Economics.
    4. repec:eee:thpobi:v:94:y:2014:i:c:p:63-72 is not listed on IDEAS
    5. Eugene Choo & Shannon Seitz & Aloysius Siow, 2008. "The Collective Marriage Matching Model: Identification, Estimation and Testing," Working Papers tecipa-340, University of Toronto, Department of Economics.
    6. Aloysius Siow, 2015. "Testing Becker's Theory of Positive Assortative Matching," Journal of Labor Economics, University of Chicago Press, vol. 33(2), pages 409-441.
    7. Randall Wright, 2014. "Marriage, Markets and Money: A Coasian Theory of Household Formation," 2014 Meeting Papers 237, Society for Economic Dynamics.
    8. Seul-Ki Shin, 2014. "Preferences vs. Opportunities: Racial/Ethnic Intermarriage in the United States," PIER Working Paper Archive 14-040, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.

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