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Equilibrium Search with Multiple Attributes and the Impact of Equal Opportunities for Women

Coles, Melvyn G and Francesconi, Marco (2019) 'Equilibrium Search with Multiple Attributes and the Impact of Equal Opportunities for Women.' Journal of Political Economy. ISSN 0022-3808

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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 > Economics, Department of
Depositing User: Elements
Date Deposited: 29 Jan 2019 13:34
Last Modified: 29 Jan 2019 13:34
URI: http://repository.essex.ac.uk/id/eprint/23917

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