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

Author

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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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    Citations

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    Cited by:

    1. 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.
    2. Sonia R. Bhalotra & Damian Clarke & Atheendar Venkataramani, 2025. "The Long Run Economic Effects of Medical Innovation and the Role of Opportunities," NBER Working Papers 34606, National Bureau of Economic Research, Inc.
    3. Foerster, Hanno & Obermeier, Tim & Schulz, Bastian, 2024. "Job Displacement, Remarriage, and Marital Sorting," IZA Discussion Papers 17335, IZA Network @ LISER.
    4. 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.
    5. 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.
    6. Naszodi, Anna & Mendonca, Francisco, 2024. "Changing educational homogamy: shifting preferences or evolving educational distribution?," Journal of Demographic Economics, Cambridge University Press, vol. 90(2), pages 256-284, June.
    7. Freund, L. B., 2022. "Superstar Teams," Cambridge Working Papers in Economics 2276, Faculty of Economics, University of Cambridge.
    8. repec:cam:camjip:2235 is not listed on IDEAS
    9. Alfred Galichon & Simon Weber, 2024. "Matching under Imperfectly Transferable Utility," Papers 2403.05222, arXiv.org, revised Oct 2024.

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