Coles, Melvyn G and Francesconi, Marco (2019) 'Equilibrium Search with Multiple Attributes and the Impact of Equal Opportunities for Women.' Journal of Political Economy, 127 (1). pp. 138-162. ISSN 0022-3808
|
Text
coles_francesconi_jpe.pdf - Published Version Download (426kB) | Preview |
Abstract
This paper considers equilibrium two-sided search with ex ante heterogeneous agents, vectors of attributes, and idiosyncratic match draws. The analysis applies to a large class of models, from the nontransferable utility case to the collective household model with bargaining, for which transferable utility is a special case. The approach is powerful for it identifies a simple algorithm that, in our numerical application, is found to rapidly converge to equilibrium. Our application explores the impact of equal opportunities for women in the labor market on female match incentives and the timing of marriage.
Item Type: | Article |
---|---|
Subjects: | H Social Sciences > HB Economic Theory |
Divisions: | Faculty of Social Sciences Faculty of Social Sciences > Economics, Department of |
SWORD Depositor: | Elements |
Depositing User: | Elements |
Date Deposited: | 29 Jan 2019 13:34 |
Last Modified: | 06 Jan 2022 13:57 |
URI: | http://repository.essex.ac.uk/id/eprint/23917 |
Actions (login required)
![]() |
View Item |