Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/67187
Authors: 
Dupuy, Arnaud
Galichon, Alfred
Year of Publication: 
2012
Series/Report no.: 
Discussion Paper Series, Forschungsinstitut zur Zukunft der Arbeit 6943
Abstract: 
Which and how many attributes are relevant for the sorting of agents in a matching market? This paper addresses these questions by constructing indices of mutual attractiveness that aggregate information about agents' attributes. The first k indices for agents on each side of the market provide the best approximation of the matching surplus by a k-dimensional model. The methodology is applied on a unique Dutch household survey containing information about education, height, BMI, health, attitude towards risk and personality traits of spouses. Three important empirical conclusions are drawn. First, sorting in the marriage market is not unidimensional: individuals face important trade-offs between the attributes of their spouses which are not amenable to a single-dimensional index. Second, although education explains a quarter of a couple's observable surplus, personality traits explain another 20%. Third, different personality traits matter differently for men and for women.
Subjects: 
multidimensional sorting
saliency analysis
marriage market
personality traits
continuous logit
JEL: 
D3
J21
J23
J31
Document Type: 
Working Paper

Files in This Item:
File
Size
284.83 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.