Abstract

http://ssrn.com/abstract=1947152
 
 

References (54)



 


 



Marriage with Labour Supply


Nicolas Jacquemet


Paris School of Economics (PSE); Université de Lorraine, BETA

Jean-Marc Robin


Ecole Normale Superieure (ENS) - Laboratoire d'Economie Theorique et Appliquee (LEA); National Institute of Statistics and Economic Studies (INSEE) - Center for Research in Economics and Statistics (CREST); National Institute for Agricultural Research (INRA); Centre for Economic Policy Research (CEPR); Institute for the Study of Labor (IZA)

September 1, 2011


Abstract:     
We propose a search-matching model of the marriage market that extends Shimer and Smith (2000) to allow for labor supply. We characterize the steady-state equilibrium when exogenous divorce is the only source of risk. The estimated matching probabilities that can be derived from the steady-state flow conditions are strongly increasing in both male and female wages. We estimate that the share of marriage surplus appropriated by the man increases with his wage and that the share appropriated by the woman decreases with her wage. We find that leisure is an inferior good for men and a normal good for women.

Number of Pages in PDF File: 34

Keywords: marriage search model, collective labor supply, structural estimation

JEL Classification: C78, D83, J12, J22

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Date posted: October 21, 2011  

Suggested Citation

Jacquemet, Nicolas and Robin, Jean-Marc, Marriage with Labour Supply (September 1, 2011). Available at SSRN: http://ssrn.com/abstract=1947152 or http://dx.doi.org/10.2139/ssrn.1947152

Contact Information

Nicolas Jacquemet (Contact Author)
Paris School of Economics (PSE) ( email )
48 Boulevard Jourdan
Paris, 75014 75014
France
Université de Lorraine, BETA ( email )
61, avenue de la Foret Noire
Strasbourg, 67000
France
Jean-Marc Robin
Ecole Normale Superieure (ENS) - Laboratoire d'Economie Theorique et Appliquee (LEA) ( email )
48 boulevard Jourdan
75014 Paris
France
+33 1 4313 6365 (Phone)
+33 1 4313 6362 (Fax)
National Institute of Statistics and Economic Studies (INSEE) - Center for Research in Economics and Statistics (CREST)
15 Boulevard Gabriel Peri
15 Boulevard Gabriel Peri
92245 Malakoff Cedex, 1 92245
France
National Institute for Agricultural Research (INRA)
147, rue de l'Universite
Paris Cedex 07, 75338
France
Centre for Economic Policy Research (CEPR)
77 Bastwick Street
London, EC1V 3PZ
United Kingdom
Institute for the Study of Labor (IZA)
P.O. Box 7240
Bonn, D-53072
Germany
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