Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/79513 
Year of Publication: 
2013
Series/Report no.: 
cemmap working paper No. CWP07/13
Publisher: 
Centre for Microdata Methods and Practice (cemmap), London
Abstract: 
We extend the search-matching model of the marriage market of Shimer and Smith (2000) to allow for labor supply and home production. We characterize the steadystate equilibrium when exogenous divorce is the only source of risk. We study nonparametric identification using cross-section data on wages and hours worked, and we develop a nonparametric estimator. The estimated matching probabilities that can be derived from the steady-state flow conditions are strongly increasing in male and female wages. We estimate the expected share of marriage surplus appropriated by each spouse as a function of wages. The model allows to infer the specialization of female spouses in home production from observations on wages and hours worked.
Subjects: 
Search-matching
sorting
assortative matching
collective labor supply
structural estimation
JEL: 
C78
D83
J12
J22
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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