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Heterogeneity in Spousal Matching Models

Author

Listed:
  • Fletcher, Jason M.

    (University of Wisconsin-Madison)

  • Padrón, Norma

    (Yale University)

Abstract

An important paper by Chiappori et al. (2012) has proposed an elegant and parsimonious model of spousal matching over multi-dimensional characteristics. Importantly, the model suggests specific testable assumptions that allow researchers to uncover marginal rates of substitution (MRS) between spousal traits, and the authors use the Panel Study of Income Dynamics to show that the model is not rejected by the data. In this paper, we extend the analysis to two additional representative samples of US couples and find in each case, the data reject the MRS implication of the model.

Suggested Citation

  • Fletcher, Jason M. & Padrón, Norma, 2015. "Heterogeneity in Spousal Matching Models," IZA Discussion Papers 8936, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izadps:dp8936
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    File URL: https://docs.iza.org/dp8936.pdf
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    References listed on IDEAS

    as
    1. 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.
    2. Sonia Oreffice & Climent Quintana-Domeque, 2012. "Fat spouses and hours of work: are body and Pareto weights correlated?," IZA Journal of Labor Economics, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 1(1), pages 1-21, December.
    3. Gunter J. Hitsch & Ali Hortaçsu & Dan Ariely, 2010. "Matching and Sorting in Online Dating," American Economic Review, American Economic Association, vol. 100(1), pages 130-163, March.
    4. Pierre-André Chiappori & Sonia Oreffice & Climent Quintana-Domeque, 2020. "Erratum: Fatter Attraction: Anthropometric and Socioeconomic Matching on the Marriage Market," Journal of Political Economy, University of Chicago Press, vol. 128(12), pages 4673-4675.
    5. Jens Bonke & Martin Browning, 2009. "The distribution of financial well-being and income within the household," Review of Economics of the Household, Springer, vol. 7(1), pages 31-42, March.
    6. Hisaki Kono & Tomomi Tanaka, 2019. "Does marriage work as a savings commitment device? Experimental evidence from Vietnam," PLOS ONE, Public Library of Science, vol. 14(6), pages 1-18, June.
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    Cited by:

    1. Veli Safak, 2020. "Matching Multidimensional Types: Theory and Application," Papers 2006.14243, arXiv.org.

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    Keywords

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    JEL classification:

    • D1 - Microeconomics - - Household Behavior
    • J1 - Labor and Demographic Economics - - Demographic Economics
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory

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