Who Marries Whom and Why
提出并估计了一个静态可转移效用的婚姻市场模型,生成带有溢出效应的非参数婚姻匹配函数,并用该模型估计了1971/72和1981/82年美国婚姻行为,发现年轻人婚姻收益大幅下降,且堕胎合法化对此有显著影响。
This paper proposes and estimates a static transferable utility model of the marriage market. The model generates a nonparametric marriage matching function with spillover effects. It rationalizes the standard interpretation of marriage rate regressions and points out its limitations. The model was used to estimate U.S. marital behavior in 1971/72 and 1981/82. The marriage matching function estimates show that the gains to marriage for young adults fell substantially over the decade. Unlike contradictory marriage rate regression results, the marriage matching function estimates showed that the legalization of abortion had a significant quantitative impact on the fall in the gains to marriage for young men and women.