The paper integrates marriage matching with a collective model of spousal labor supplies with public goods and full spousal risk sharing. The paper derives testable implications of how changes in marriage market conditions affect spousal labor supplies. The model motivates a sufficient statistic for marriage market tightness that is specific to the marital match and highlights several empirical...

The Relevance of Post-Match LTC: Why Has the Spanish Labor Market Become as Volatile as the US One? We present a Search and Matching model with heterogeneous workers (entrants and incumbents) that replicates the stylized facts characterizing the US and the Spanish labor markets. Under this benchmark, we find the Post-Match Labor Turnover Costs (PMLTC) to be the centerpiece to explain why the Sp...

The Effects of Personality Traits on Adult Labor Market Outcomes: Evidence from Siblings While large literatures have shown that cognitive ability and schooling increases employment and wages, an emerging literature examines the importance of so-called “non-cognitive skills” in producing labor market outcomes. However, this smaller literature has not typically used causal methods in estimating ...

Recent work has shown that in a labor market with search frictions and wage dispersion, the relationship between wages and amenities may be much di erent than in the classical compensating wage model. This paper generalizes their work, revealing the full range of potential relationships between wages and amenities possible in a labor market with frictions and clarifying the key role of the natu...

Health insurance benefit mandates are believed to have adverse effects on the labor market, but efforts to document such effects for mental health parity mandates have had limited success. I show that one reason for this failure is that the association between parity mandates and labor market outcomes vary with mental distress. Accounting for this heterogeneity, I find adverse labor market effe...

We examine equilibria in competitive insurance markets when individuals take unobservable labor supply decisions. Precautionary labor motives introduce countervailing incentives in the insurance market, and equilibria with positive profits can occur even in the standard case in which individuals exogenously differ in risk only. We then extend the model to allow for both privately known risks an...