Pierre André Chiappori (Columbia) "Family Economics" - Cemmap

More documents

Recommendations

Info

7. Matching on the Marriage Market: Theory 309 incomes x are distributed on [0, 1] according to some distribution F and female incomes y are distributed on [0, 1] according to some distribution G. The assumed positive interaction implies a positive assortative matching. Therefore, if a man with income x is married to a woman with income y, then the set of men with incomes above x must have the same measure as the set of women with incomes above y. Thus,forallx and y in the set of married couples, 1 − F (x) =r (1 − G (y)) . (7.19) Hence, x = Φ [1 − r (1 − G (y))] ¯=φ (y) , (7.20) where Φ = F −1 ,orequivalently, ∙ y = Ψ 1 − 1 ¸ (1 − F (x)) ¯=ψ (x) , (7.21) r where Ψ = G−1 and ψ = φ −1 ; note that both φ and ψ are increasing. All men and women are married if there is an equal measure of men and women, r =1. All women are married if there is scarcity of women, r1, implying that womenwithincomeyless than y0 = Ψ (1 − 1/r) remain single. If r>1, then the function y = ψ (x) determines the income of the wife for each man with income x in the interval [0, 1]. Similarly, if r
310 7. Matching on the Marriage Market: Theory FIGURE 7.1. Positive Assortative Mating
Page 1:
Family Economics Martin Browning Pi
Page 4 and 5:
iv 3.2 Householdproduction ........
Page 6 and 7:
vi 6.4 IntertemporalBehavior ......
Page 8 and 9:
viii 11 Marriage, Divorce, Children
Page 11 and 12:
List of Figures 1.1 Marriage Rates
Page 13 and 14:
xiii 4.2 Apotentiallycompensatingva
Page 16 and 17:
Introduction The existence of a nuc
Page 18 and 19:
two distinct solution concepts; one
Page 20 and 21:
were affectedbytherisinginvestments
Page 22 and 23:
Murat Iyigun, Guy Lacroix, Valérie
Page 24:
Part I Models of Household Behavior
Page 27 and 28:
14 1. Facts there appear to be age,
Page 29 and 30:
16 1. Facts 1.1.4 Transitions The m
Page 31 and 32:
18 1. Facts sumption goods within h
Page 33 and 34:
20 1. Facts may not capture the ful
Page 35 and 36:
22 1. Facts This process is driven
Page 37 and 38:
24 1. Facts 1.4 Children Children a
Page 39 and 40:
26 1. Facts a major policy concern
Page 41 and 42:
28 1. Facts have means for, say, hi
Page 43 and 44:
30 1. Facts [21] Michael, Robert,
Page 45 and 46:
32 1. Facts Age group USA Denmark 1
Page 47 and 48:
34 1. Facts Birth cohort 1931-36 19
Page 49 and 50:
36 1. Facts USA Canada UK Norway Ye
Page 51 and 52:
38 1. Facts Country Male Participat
Page 53 and 54:
40 1. Facts Mother’s Age 20-30 31
Page 55 and 56:
42 1. Facts rate per 1000, 20+ 18 1
Page 57 and 58:
44 1. Facts Marriage rate per 1000
Page 59 and 60:
46 1. Facts percent entering first
Page 61 and 62:
48 1. Facts percent entering divorc
Page 63 and 64:
50 1. Facts 100% 90% 80% 70% 60% 50
Page 65 and 66:
52 1. Facts 1 0.8 0.6 0.4 0.2 0 23
Page 67 and 68:
54 1. Facts 0.8 0.6 0.4 0.2 0 23 25
Page 69 and 70:
56 1. Facts 0.8 0.6 0.4 0.2 0 1968
Page 71 and 72:
58 1. Facts 6.8 6.6 6.4 6.2 6 5.8 2
Page 73 and 74:
60 1. Facts 0.4 0.2 0 -0.2 -0.4 196
Page 75 and 76:
62 1. Facts 0.6 0.4 0.2 0 1968 1970
Page 77 and 78:
64 1. Facts FIGURE 1.23. Age Pyrami
Page 79 and 80:
66 1. Facts 0.6 0.4 0.2 0 1930 1933
Page 81 and 82:
68 1. Facts 100% 80% 60% 40% 20% 0%
Page 83 and 84:
70 1. Facts 0.35 0.3 0.25 0.2 0.15
Page 85 and 86:
72 1. Facts 100% 80% 60% 40% 20% 0%
Page 87 and 88:
74 1. Facts Average number of child
Page 89 and 90:
76 1. Facts Age 28 27 26 25 24 23 1
Page 91 and 92:
78 1. Facts FIGURE 1.37. Consumptio
Page 93 and 94:
80 1. Facts
Page 95 and 96:
82 2. The gains from marriage for o
Page 97 and 98:
84 2. The gains from marriage Q 2 y
Page 99 and 100:
86 2. The gains from marriage this
Page 101 and 102:
88 2. The gains from marriage as wh
Page 103 and 104:
90 2. The gains from marriage ing a
Page 105 and 106:
92 2. The gains from marriage absen
Page 107 and 108:
94 2. The gains from marriage 2.5 C
Page 109 and 110:
96 2. The gains from marriage 2.5.3
Page 111 and 112:
98 2. The gains from marriage This
Page 113 and 114:
100 2. The gains from marriage [14]
Page 115 and 116:
102 2. The gains from marriage
Page 117 and 118:
104 3. Preferences and decision mak
Page 119 and 120:
Page 121 and 122:
Page 123 and 124:
Page 125 and 126:
Page 127 and 128:
Page 129 and 130:
Page 131 and 132:
Page 133 and 134:
Page 135 and 136:
Page 137 and 138:
Page 139 and 140:
Page 141 and 142:
Page 143 and 144:
Page 145 and 146:
Page 147 and 148:
Page 149 and 150:
Page 151 and 152:
Page 153 and 154:
Page 155 and 156:
Page 157 and 158:
Page 159 and 160:
Page 161 and 162:
Page 163 and 164:
Page 165 and 166:
Page 167 and 168:
Page 169 and 170:
Page 171 and 172:
158 4. The collective model: a form
Page 173 and 174:
Page 175 and 176:
Page 177 and 178:
Page 179 and 180:
Page 181 and 182:
Page 183 and 184:
Page 185 and 186:
Page 187 and 188:
Page 189 and 190:
Page 191 and 192:
Page 193 and 194:
Page 195 and 196:
Page 197 and 198:
Page 199 and 200:
Page 201 and 202:
Page 203 and 204:
Page 205 and 206:
Page 207 and 208:
Page 209 and 210:
Page 211 and 212:
Page 213 and 214:
200 5. Empirical issues for the col
Page 215 and 216:
Page 217 and 218:
Page 219 and 220:
Page 221 and 222:
Page 223 and 224:
Page 225 and 226:
Page 227 and 228:
Page 229 and 230:
Page 231 and 232:
Page 233 and 234:
Page 235 and 236:
Page 237 and 238:
Page 239 and 240:
Page 241 and 242:
Page 243 and 244:
Page 245 and 246:
Page 247 and 248:
Page 249 and 250:
Page 251 and 252:
Page 253 and 254:
Page 255 and 256:
Page 257 and 258:
244 6. Uncertainty and Dynamics in
Page 259 and 260:
Page 261 and 262:
Page 263 and 264:
Page 265 and 266:
Page 267 and 268:
Page 269 and 270:
Page 271 and 272: 258 6. Uncertainty and Dynamics in
Page 305 and 306: 292
Page 307 and 308: 294 7. Matching on the Marriage Mar
Page 321: 308 7. Matching on the Marriage Mar
Page 347 and 348: 334 8. Sharing the gains from marri
Page 373 and 374:
360 8. Sharing the gains from marri
Page 375 and 376:
Page 377 and 378:
Page 379 and 380:
Page 381 and 382:
Page 383 and 384:
Page 385 and 386:
Page 387 and 388:
Page 389 and 390:
Page 391 and 392:
Page 393 and 394:
Page 395 and 396:
Page 397 and 398:
Page 399 and 400:
Page 401 and 402:
Page 403 and 404:
Page 405 and 406:
392 9. Investment in Schooling and
Page 407 and 408:
Page 409 and 410:
Page 411 and 412:
Page 413 and 414:
Page 415 and 416:
Page 417 and 418:
Page 419 and 420:
Page 421 and 422:
Page 423 and 424:
Page 425 and 426:
Page 427 and 428:
Page 429 and 430:
Page 431 and 432:
Page 433 and 434:
Page 435 and 436:
Page 437 and 438:
Page 439 and 440:
Page 441 and 442:
Page 443 and 444:
Page 445 and 446:
Page 447 and 448:
Page 449 and 450:
436 10. An equilibrium model of mar
Page 451 and 452:
Page 453 and 454:
Page 455 and 456:
Page 457 and 458:
Page 459 and 460:
Page 461 and 462:
Page 463 and 464:
Page 465 and 466:
Page 467 and 468:
Page 469 and 470:
Page 471 and 472:
Page 473 and 474:
460 11. Marriage, Divorce, Children
Page 475 and 476:
Page 477 and 478:
Page 479 and 480:
Page 481 and 482:
Page 483 and 484:
Page 485 and 486:
Page 487 and 488:
Page 489 and 490:
Page 491 and 492:
Page 493 and 494:
Page 495 and 496:
Page 497 and 498:
Page 499 and 500:
Page 501 and 502:
Page 503 and 504:
Page 505 and 506:
Page 507 and 508:
Page 509 and 510:
Page 511 and 512:
Page 513 and 514:
Page 515 and 516:
Page 517 and 518:
Page 519 and 520:
Page 521 and 522:
Page 523 and 524:
Page 525:
show all

Pierre André Chiappori (Columbia) "Family Economics" - Cemmap

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?