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Canonical Correlation and Assortative Matching: a remark

Author

Listed:
  • Arnaud Dupuy

    (Reims Management School, Maastricht School of Management and IZA. Address: Reims Management School (RMS), 59, rue Pierre Taittinger - 51100 Reims, France. Email: arnaud.dupuy@reims-ms.fr.)

  • Alfred Galichon

    (Sciences Po Paris, Department of Economics, Address: 28 rue des Saint-Pères, 75007 Paris, France. E-mail: alfred.galichon@sciences-po.fr.)

Abstract

In the context of the Beckerian theory of marriage, when men and women match on a single-dimensional index that is the weighted sum of their respective multi- variate 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

  • Arnaud Dupuy & Alfred Galichon, 2012. "Canonical Correlation and Assortative Matching: a remark," Working Papers 2012/40, Maastricht School of Management.
  • Handle: RePEc:msm:wpaper:2012/40
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    File URL: http://web2.msm.nl/RePEc/msm/wpaper/MSM-WP2012-40.pdf
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    References listed on IDEAS

    as
    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. 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.
    9. 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..
    10. Scully, Gerald W, 1979. "Mullahs, Muslims, and Marital Sorting," Journal of Political Economy, University of Chicago Press, vol. 87(5), pages 1139-1143, October.
    11. 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.
    12. repec:spo:wpecon:info:hdl:2441/7o52iohb7k6srk09mj4j5amb8 is not listed on IDEAS
    13. 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.

    More about this item

    Keywords

    matching; marriage; assignment; assortative matching; canonical correlation.;

    JEL classification:

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

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