Equilibrium search with multiple attributes and the impact of equal opportunities for women

Melvyn G. Coles, Marco Francesconi

Research output: Contribution to journalArticle

Abstract

This paper considers equilibrium two-sided search with ex ante heterogeneous agents, vectors of attributes, and idiosyncratic match draws. The analysis applies to a large class of models, from the nontransferable utility case to the collective household model with bargaining, for which transferable utility is a special case. The approach is powerful for it identifies a simple algorithm that, in our numerical application, is found to rapidly converge to equilibrium. Our application explores the impact of equal opportunities for women in the labor market on female match incentives and the timing of marriage.

Original languageEnglish (US)
Pages (from-to)138-162
Number of pages25
JournalJournal of Political Economy
Volume127
Issue number1
DOIs
StatePublished - Feb 1 2019

ASJC Scopus subject areas

  • Economics and Econometrics

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