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The Collective Marriage Matching Model: Identification, Estimation and Testing

Author

Listed:
  • Shannon Seitz

    (Boston College)

  • Aloysius Siow

    (University of Toronto)

  • Eugene Choo

    (University of Calgary)

Abstract

marriage formation, participation, and family labor supply. Intrahousehold 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 estimate 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.

Suggested Citation

  • Shannon Seitz & Aloysius Siow & Eugene Choo, 2010. "The Collective Marriage Matching Model: Identification, Estimation and Testing," 2010 Meeting Papers 267, Society for Economic Dynamics.
    • Handle: RePEc:red:sed010:267
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    2. Pierre-André Chiappori & Murat Iyigun & Yoram Weiss, 2009. "Investment in Schooling and the Marriage Market," American Economic Review, American Economic Association, vol. 99(5), pages 1689-1713, December.
    3. Bruze, Gustaf, 2010. "Male and Female Marriage Returns to Schooling," Working Papers 10-17, University of Aarhus, Aarhus School of Business, Department of Economics.
    4. Farooq, Bilal & Miller, Eric J. & Chingcuanco, Franco & Giroux-Cook, Martin, 2013. "Microsimulation framework for urban price-taker markets," The Journal of Transport and Land Use, Center for Transportation Studies, University of Minnesota, vol. 6(1), pages 41-51.

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    JEL classification:

    • J1 - Labor and Demographic Economics - - Demographic Economics
    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor

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