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The Collective Marriage Matching Model: Identification, Estimation and Testing

  • Eugene Choo

    (University of Calgary)

  • Shannon Seitz

    ()

    (Boston College)

  • Aloysuis Siow

    (University of Toronto)

We develop and estimate an empirical collective model with endogenous marriage formation, participation, and family labor supply. Intra-household transfers arise endogenously as the transfers that clear the marriage market. The intra-household allocation can be recovered from observations on marriage decisions. Introducing the marriage market in the collective model allows us to independently estimate transfers from labor supplies and from marriage decisions. We esti- mate a semi-parametric version of our model using 2000 US Census data. Estimates of the model using marriage data are much more consistent with the theoretical predictions than estimates derived from labor supply.

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Paper provided by Boston College Department of Economics in its series Boston College Working Papers in Economics with number 704.

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Date of creation: 08 Oct 2008
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Handle: RePEc:boc:bocoec:704
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  28. Kosei Fukuda, 2006. "A cohort analysis of female labor participation rates in the U.S. and Japan," Review of Economics of the Household, Springer, vol. 4(4), pages 379-393, December.
  29. 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.
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