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Equilibrium Search and the Impact of Equal Opportunities for Women

Coles, Melvyn and Francesconi, Marco Equilibrium Search and the Impact of Equal Opportunities for Women. UNSPECIFIED. UNSPECIFIED.


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This paper develops a new equilibrium model of two-sided search where ex-ante heterogenous individuals have general payoff functions and vectors of attributes. The analysis applies to a large class of models, from the non-transferable utility case to the collective household case with bargaining. The approach is powerful for it identifies a simple algorithm which, in the empirical application, is found to rapidly converge to equilibrium. Using indirect inference, we identify the differential effects of women's ability and charm on female match incentives. We use these results to assess the separate impacts of the arrival of equal opportunities for women in the labor market and the advent of the contraceptive pill on female economic activity and matching.

Item Type: Monograph (UNSPECIFIED)
Uncontrolled Keywords: C6, J0, J1, N3, female labor supply, marriage, multiple attribute matching, two-sided search, contraceptive pill
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HQ The family. Marriage. Women
Divisions: Faculty of Social Sciences > Economics, Department of
Depositing User: Jim Jamieson
Date Deposited: 22 Jun 2017 13:26
Last Modified: 03 Nov 2018 05:15

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