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An Empirical Framework for Matching with Imperfectly Transferable Utility

Author

Listed:
  • Alfred Galichon

    (Département d'économie (ECON))

  • Scott Kominers

    (Harvard University)

  • Simon Weber

    (Département d'économie)

Abstract

We introduce an empirical framework for models of matching with imperfectly transferable utility and unobserved heterogeneity in tastes. Our framework includes as special cases the classic fully- and non-transferable utility models, collective models, and settings with taxes on transfers, deadweight losses, and risk aversion. We characterize equilibrium and conditions for identification, and derive comparative statics.

Suggested Citation

  • Alfred Galichon & Scott Kominers & Simon Weber, 2014. "An Empirical Framework for Matching with Imperfectly Transferable Utility," Sciences Po publications info:hdl:2441/5kmb4ke32h9, Sciences Po.
  • Handle: RePEc:spo:wpmain:info:hdl:2441/5kmb4ke32h9ur9159sab6hvkck
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Sorting; Matching; Marriage Market; Becker-Coase Theorem; Intrahousehold Allocation; Imperfectly Transferable Utility;
    All these keywords.

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D3 - Microeconomics - - Distribution
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts

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