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Econometrics and Applied Micro Seminar

Thursday, April 9, 2015
4:00pm to 5:00pm
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Baxter B125
Cohabitation versus Marriage: Marriage Matching with Peer Effects (Co-authored with Aloysius Siow)
Ismael Mourifié, Assistant Professor, Department of Economics, University of Toronto,

This paper proposes an easy to estimate Cobb Douglas marriage matching function (MMF). Special cases include the Choo Siow (CS) MMF, CS with peer effects, CS with frictional transfers, the Dagsvik Menzel non-transferable utility MMF and Chiappori, Salanie´ and Weiss MMF. Given population supplies and admissible parameters, the Cobb Douglas MMF exists and is unique. This MMF is estimated on US marriage and co-habitation data by states from 1990 to 2010. CS with peer effects is not rejected. There are peer and scale effects in the US marriage markets. Positive assortative matching in marriage and cohabitation by educational attainment are relatively stable from 1990 to 2010.

For more information, please contact Barbara Estrada by phone at 626-395-4083 or by email at [email protected].