Testing Becker’s Theory of Positive Assortative Matching
نویسندگان
چکیده
منابع مشابه
Testing Beckers Theory of Positive Assortative Matching
In a static frictionless transferable utilities bilateral matching market with systematic and idiosyncratic payo¤s, supermodularity of the match output function implies a strong form of positive assortative matching: The equilibrium matching distribution has all positive local log odd ratios or totally positive of order 2 (TP2). A particular form of a preference for own type implies supermodula...
متن کاملThe Theory of Assortative Matching Based on Costly Signals
We study two-sided markets with a nite numbers of agents on each side, and with twosided incomplete information. Agents are matched assortatively on the basis of costly signals. Asymmetries in signaling activity between the two sides of the market can be explained either by asymmetries in size or in heterogeneity. Our main results identify general conditions under which the potential increase ...
متن کاملAssortative Matching and Reputation
Consider Becker’s (1973) classic matching model, with unobserved fixed types and stochastic publicly observed output. If types are complementary, then matching is assortative in the known Bayesian posteriors (the ‘reputations’). We discover a robust failure of Becker’s result in the simplest dynamic two type version of this world. Assortative matching is generally neither efficient nor an equil...
متن کاملAssortative Matching and Search
In Becker’s (1973) neoclassical marriage market model, matching is positively assortative if types are complements: i.e. match output f(x, y) is supermodular in x and y. We reprise this famous result assuming timeintensive partner search and transferable output. We prove existence of a search equilibrium with a continuum of types, and then characterize matching. After showing that Becker’s cond...
متن کاملAssortative Matching with Large Firms∗
Technological progress allows firms to scale production processes over an increasingly large number of workers. This affects the size of the firm as well as the skill level of its workforce. We propose a unifying theory of production where management resolves a tradeoff between hiring more versus better workers. The span of control or size is therefore intimately intertwined with the sorting pa...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Labor Economics
سال: 2015
ISSN: 0734-306X,1537-5307
DOI: 10.1086/678496