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Article: A direct test of the efficient marriage market hypothesis

TitleA direct test of the efficient marriage market hypothesis
Authors
KeywordsBusiness and economics
Issue Date1999
PublisherWiley-Blackwell Publishing, Inc.. The Journal's web site is located at http://www.wiley.com/bw/journal.asp?ref=0095-2583
Citation
Economic Inquiry, 1999, v. 37 n. 1, p. 29-46 How to Cite?
AbstractThis paper takes Becker 's efficient marriage market hypothesis at face value, and directly confronts it with data from Hong Kong. The theory of optimal assignment is used to develop an empirical model of spouse selection, which resembles a Tobit model. This model can address positive or negative assortative matching as well as marginal product pricing in marriage markets. We also use a computer algorithm to solve the assignment problem for imputed marital output. The degree to which the actual pairing of husbands and wives corresponds to the optimal pairing provides a goodness-of-fit test of the efficient marriage market hypothesis. (JEL, C51, C61, C78, J12).
Persistent Identifierhttp://hdl.handle.net/10722/48704
ISSN
2015 Impact Factor: 1.091
2015 SCImago Journal Rankings: 1.150
References

 

DC FieldValueLanguage
dc.contributor.authorSuen, Wen_HK
dc.contributor.authorLui, HKen_HK
dc.date.accessioned2008-05-22T04:21:57Z-
dc.date.available2008-05-22T04:21:57Z-
dc.date.issued1999en_HK
dc.identifier.citationEconomic Inquiry, 1999, v. 37 n. 1, p. 29-46en_HK
dc.identifier.issn0095-2583en_HK
dc.identifier.urihttp://hdl.handle.net/10722/48704-
dc.description.abstractThis paper takes Becker 's efficient marriage market hypothesis at face value, and directly confronts it with data from Hong Kong. The theory of optimal assignment is used to develop an empirical model of spouse selection, which resembles a Tobit model. This model can address positive or negative assortative matching as well as marginal product pricing in marriage markets. We also use a computer algorithm to solve the assignment problem for imputed marital output. The degree to which the actual pairing of husbands and wives corresponds to the optimal pairing provides a goodness-of-fit test of the efficient marriage market hypothesis. (JEL, C51, C61, C78, J12).en_HK
dc.format.extent213068 bytes-
dc.format.extent242007 bytes-
dc.format.mimetypeapplication/pdf-
dc.format.mimetypeapplication/pdf-
dc.languageengen_HK
dc.publisherWiley-Blackwell Publishing, Inc.. The Journal's web site is located at http://www.wiley.com/bw/journal.asp?ref=0095-2583en_HK
dc.relation.ispartofEconomic Inquiryen_HK
dc.rightsCreative Commons: Attribution 3.0 Hong Kong License-
dc.rightsThe definitive version is available at www.blackwell-synergy.comen_HK
dc.subjectBusiness and economicsen_HK
dc.titleA direct test of the efficient marriage market hypothesisen_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0095-2583&volume=37&issue=1&spage=29&epage=46&date=1999&atitle=A+Direct+Test+of+the+Efficient+Marriage+Market+Hypothesisen_HK
dc.identifier.emailSuen, W: hrneswc@hkucc.hku.hken_HK
dc.identifier.authoritySuen, W=rp00066en_HK
dc.description.naturepostprinten_HK
dc.identifier.doi10.1111/j.1465-7295.1999.tb01414.xen_HK
dc.identifier.scopuseid_2-s2.0-0040799980en_HK
dc.identifier.hkuros41266-
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-0040799980&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume37en_HK
dc.identifier.issue1en_HK
dc.identifier.spage29en_HK
dc.identifier.epage46en_HK
dc.publisher.placeUnited Statesen_HK
dc.identifier.scopusauthoridSuen, W=7006977946en_HK
dc.identifier.scopusauthoridLui, HK=7006856331en_HK

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