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The marriage market, labor supply, and education choice
by
Dias, Monica Costa
, Chiappori, Pierre-André
, Meghir, Costas
in
1991-2008
/ Arbeitsplatzangebot
/ Berufswahl
/ Commodities
/ Consumption
/ Economic theory
/ Education
/ Ehe
/ Equilibrium
/ Großbritannien
/ Households
/ Konsum
/ Labor market
/ Labor supply
/ Markt
/ Marriage
/ Mate selection
/ Political economy
/ Public goods
/ Resource allocation
/ School choice
/ Theorie
/ Uncertainty
/ Value
2018
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The marriage market, labor supply, and education choice
by
Dias, Monica Costa
, Chiappori, Pierre-André
, Meghir, Costas
in
1991-2008
/ Arbeitsplatzangebot
/ Berufswahl
/ Commodities
/ Consumption
/ Economic theory
/ Education
/ Ehe
/ Equilibrium
/ Großbritannien
/ Households
/ Konsum
/ Labor market
/ Labor supply
/ Markt
/ Marriage
/ Mate selection
/ Political economy
/ Public goods
/ Resource allocation
/ School choice
/ Theorie
/ Uncertainty
/ Value
2018
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Do you wish to request the book?
The marriage market, labor supply, and education choice
by
Dias, Monica Costa
, Chiappori, Pierre-André
, Meghir, Costas
in
1991-2008
/ Arbeitsplatzangebot
/ Berufswahl
/ Commodities
/ Consumption
/ Economic theory
/ Education
/ Ehe
/ Equilibrium
/ Großbritannien
/ Households
/ Konsum
/ Labor market
/ Labor supply
/ Markt
/ Marriage
/ Mate selection
/ Political economy
/ Public goods
/ Resource allocation
/ School choice
/ Theorie
/ Uncertainty
/ Value
2018
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Journal Article
The marriage market, labor supply, and education choice
2018
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Overview
We develop an equilibrium life cycle model of education, marriage, labor supply, and consumption in a transferable utility context. Individuals start by choosing their investments in education anticipating returns in the marriage market and the labor market. They then match on the basis of the economic value of marriage and preferences. Equilibrium in the marriage market determines intrahousehold allocation of resources. Following marriage households (married or single) save, supply labor, and consume private and public commodities under uncertainty. Marriage thus has the dual role of providing public goods and offering risk sharing. The model is estimated using the British Household Panel Survey.
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