To read this content please select one of the options below:

The Collective Marriage Matching Model: Identification, Estimation, and Testing

Structural Econometric Models

ISBN: 978-1-78350-052-9

Publication date: 13 December 2013

Abstract

We develop and estimate an empirical collective model with endogenous marriage formation, participation, and family labor supply. Intra-household 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 semiparametric version of our model using 1980, 1990, and 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.

Keywords

Acknowledgements

Acknowledgement

We would like to thank Karim Chalak, Don Cox, Anyck Dauphin, Ryan Davies, Peter Gottschalk, Arthur Lewbel, and seminar participants at many seminars and conferences for helpful comments. Choo and Seitz gratefully acknowledges the support of the Social Sciences and Humanities Research Council of Canada.

Citation

Choo, E. and Seitz, S. (2013), "The Collective Marriage Matching Model: Identification, Estimation, and Testing", Structural Econometric Models (Advances in Econometrics, Vol. 31), Emerald Group Publishing Limited, Leeds, pp. 291-336. https://doi.org/10.1108/S0731-9053(2013)0000032010

Publisher

:

Emerald Group Publishing Limited

Copyright © 2013 by Emerald Group Publishing Limited