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Canonical correlation and assortative matching: A remark

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  • DUPUY Arnaud
  • GALICHON Alfred

Abstract

In the context of the Beckerian theory of marriage, where men and women match on a single-dimensional index that is the weighted sum of their respective multivariate attributes, many papers in the literature have used linear canonical correlation, and related techniques, in order to estimate these weights. We argue that this estimation technique is inconsistent and suggest some solutions.

Suggested Citation

  • DUPUY Arnaud & GALICHON Alfred, 2014. "Canonical correlation and assortative matching: A remark," LISER Working Paper Series 2014-10, Luxembourg Institute of Socio-Economic Research (LISER).
  • Handle: RePEc:irs:cepswp:2014-10
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    1. David Lam & Robert F. Schoeni, 1994. "Family Ties and Labor Markets in the United States and Brazil," Journal of Human Resources, University of Wisconsin Press, vol. 29(4), pages 1235-1258.
    2. Lam, David & Schoeni, Robert F, 1993. "Effects of Family Background on Earnings and Returns to Schooling: Evidence from Brazil," Journal of Political Economy, University of Chicago Press, vol. 101(4), pages 710-740, August.
    3. Benham, Lee, 1974. "Benefits of Women's Education within Marriage," Journal of Political Economy, University of Chicago Press, vol. 82(2), pages 57-71, Part II, .
    4. 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.
    5. Pierre-André Chiappori & Sonia Oreffice & Climent Quintana-Domeque, 2012. "Fatter Attraction: Anthropometric and Socioeconomic Matching on the Marriage Market," Journal of Political Economy, University of Chicago Press, vol. 120(4), pages 659-695.
    6. Lee Benham, 1974. "Benefits of Women's Education within Marriage," NBER Chapters, in: Marriage, Family, Human Capital, and Fertility, pages 57-75, National Bureau of Economic Research, Inc.
    7. Gautier, Pieter A. & Svarer, Michael & Teulings, Coen N., 2010. "Marriage and the city: Search frictions and sorting of singles," Journal of Urban Economics, Elsevier, vol. 67(2), pages 206-218, March.
    8. Arnaud Dupuy & Alfred Galichon, 2014. "Personality traits and the marriage market," Post-Print hal-03470458, HAL.
    9. Wong, Yue-chim, 1986. "Entrepreneurship, Marriage, and Earnings," The Review of Economics and Statistics, MIT Press, vol. 68(4), pages 693-699, November.
    10. Lisa Jepsen, 2005. "The Relationship Between Wife’s Education and Husband’s Earnings: Evidence from 1960 to 2000," Review of Economics of the Household, Springer, vol. 3(2), pages 197-214, June.
    11. Becker, Gary S, 1973. "A Theory of Marriage: Part I," Journal of Political Economy, University of Chicago Press, vol. 81(4), pages 813-846, July-Aug..
    12. Scully, Gerald W, 1979. "Mullahs, Muslims, and Marital Sorting," Journal of Political Economy, University of Chicago Press, vol. 87(5), pages 1139-1143, October.
    13. Lee Benham, 1974. "Benefits of Women's Education within Marriage," NBER Chapters, in: Economics of the Family: Marriage, Children, and Human Capital, pages 375-394, National Bureau of Economic Research, Inc.
    14. repec:spo:wpecon:info:hdl:2441/7o52iohb7k6srk09mj4j5amb8 is not listed on IDEAS
    15. Suen, Wing & Lui, Hon-Kwong, 1999. "A Direct Test of the Efficient Marriage Market Hypothesis," Economic Inquiry, Western Economic Association International, vol. 37(1), pages 29-46, January.
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    Cited by:

    1. 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.
    2. Arnaud Dupuy & Alfred Galichon, 2012. "Personality traits and the marriage market," SciencePo Working papers hal-01070393, HAL.
    3. repec:spo:wpecon:info:hdl:2441/7o52iohb7k6srk09mj4j5amb8 is not listed on IDEAS

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    More about this item

    Keywords

    matching; marriage; assortative matching; assignment; canonical correlation;
    All these keywords.

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis

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