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The Econometrics of Matching with Transferable Utility: A Progress Report

Author

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  • Pierre-Andre Chiappori
  • Dam Linh Nguyen
  • Bernard Salanie

Abstract

Since Choo and Siow (2006), a burgeoning literature has analyzed matching markets when utility is perfectly transferable and the joint surplus is separable. We take stock of recent methodological developments in this area. Combining theoretical arguments and simulations, we show that the separable approach is reasonably robust to omitted variables and/or non-separabilities. We conclude with a caveat on data requirements and imbalanced datasets.

Suggested Citation

  • Pierre-Andre Chiappori & Dam Linh Nguyen & Bernard Salanie, 2026. "The Econometrics of Matching with Transferable Utility: A Progress Report," Papers 2604.16127, arXiv.org.
  • Handle: RePEc:arx:papers:2604.16127
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    References listed on IDEAS

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    1. Alfred Galichon & Scott Duke Kominers & Simon Weber, 2019. "Costly Concessions: An Empirical Framework for Matching with Imperfectly Transferable Utility," Journal of Political Economy, University of Chicago Press, vol. 127(6), pages 2875-2925.
    2. Eugene Choo & Aloysius Siow, 2006. "Who Marries Whom and Why," Journal of Political Economy, University of Chicago Press, vol. 114(1), pages 175-201, February.
    3. Arnaud Dupuy & Alfred Galichon, 2014. "Personality Traits and the Marriage Market," Journal of Political Economy, University of Chicago Press, vol. 122(6), pages 1271-1319.
    4. Ismael Mourifié, 2019. "A marriage matching function with flexible spillover and substitution patterns," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 67(2), pages 421-461, March.
    5. Pierre-André Chiappori & Bernard Salanié & Yoram Weiss, 2017. "Partner Choice, Investment in Children, and the Marital College Premium," American Economic Review, American Economic Association, vol. 107(8), pages 2109-2167, August.
    6. Guadalupe, Maria & Rappoport, Veronica & Salanie, Bernard & Thomas, Catherine, 2024. "The perfect match: assortative matching in mergers and acquisitions," LSE Research Online Documents on Economics 126749, London School of Economics and Political Science, LSE Library.
    7. Arnaud Dupuy & Alfred Galichon, 2014. "Personality traits and the marriage market," Post-Print hal-03470458, HAL.
    8. Cristina Gualdani & Shruti Sinha, 2023. "Partial Identification in Matching Models for the Marriage Market," Post-Print hal-04232742, HAL.
    9. 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.
    10. repec:spo:wpmain:info:hdl:2441/361levbcs399s9oa154em6h9jl is not listed on IDEAS
    11. Cristina Gualdani & Shruti Sinha, 2023. "Partial Identification in Matching Models for the Marriage Market," Journal of Political Economy, University of Chicago Press, vol. 131(5), pages 1109-1171.
    12. Jeremy T. Fox, 2018. "Estimating matching games with transfers," Quantitative Economics, Econometric Society, vol. 9(1), pages 1-38, March.
    13. Arnaud Dupuy & Alfred Galichon, 2014. "Personality traits and the marriage market," SciencePo Working papers hal-03470458, HAL.
    14. Arnaud Dupuy & Alfred Galichon, 2014. "Personality traits and the marriage market," Sciences Po Economics Publications (main) hal-03470458, HAL.
    15. Ismael Mourifié & Aloysius Siow, 2017. "The Cobb Douglas marriage matching function: Marriage matching with peer and scale effects," Working Papers 2017-007, Human Capital and Economic Opportunity Working Group.
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