Equilibrium Search with Multiple Attributes and the Impact of Equal Opportunities for Women
研究异质性个体在多个属性下的均衡双边搜索模型,并应用于分析劳动力市场女性平等机会对婚姻匹配激励和时机的影响。
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.