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Article: A direct test of the efficient marriage market hypothesis
Title | A direct test of the efficient marriage market hypothesis |
---|---|
Authors | |
Keywords | Business and economics |
Issue Date | 1999 |
Publisher | Wiley-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? |
Abstract | This 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 Identifier | http://hdl.handle.net/10722/48704 |
ISSN | 2023 Impact Factor: 1.7 2023 SCImago Journal Rankings: 1.159 |
ISI Accession Number ID | |
References |
DC Field | Value | Language |
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dc.contributor.author | Suen, W | en_HK |
dc.contributor.author | Lui, HK | en_HK |
dc.date.accessioned | 2008-05-22T04:21:57Z | - |
dc.date.available | 2008-05-22T04:21:57Z | - |
dc.date.issued | 1999 | en_HK |
dc.identifier.citation | Economic Inquiry, 1999, v. 37 n. 1, p. 29-46 | en_HK |
dc.identifier.issn | 0095-2583 | en_HK |
dc.identifier.uri | http://hdl.handle.net/10722/48704 | - |
dc.description.abstract | This 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.extent | 213068 bytes | - |
dc.format.extent | 242007 bytes | - |
dc.format.mimetype | application/pdf | - |
dc.format.mimetype | application/pdf | - |
dc.language | eng | en_HK |
dc.publisher | Wiley-Blackwell Publishing, Inc.. The Journal's web site is located at http://www.wiley.com/bw/journal.asp?ref=0095-2583 | en_HK |
dc.relation.ispartof | Economic Inquiry | en_HK |
dc.rights | The definitive version is available at www.blackwell-synergy.com | en_HK |
dc.subject | Business and economics | en_HK |
dc.title | A direct test of the efficient marriage market hypothesis | en_HK |
dc.type | Article | en_HK |
dc.identifier.openurl | http://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+Hypothesis | en_HK |
dc.identifier.email | Suen, W: hrneswc@hkucc.hku.hk | en_HK |
dc.identifier.authority | Suen, W=rp00066 | en_HK |
dc.description.nature | postprint | en_HK |
dc.identifier.doi | 10.1111/j.1465-7295.1999.tb01414.x | en_HK |
dc.identifier.scopus | eid_2-s2.0-0040799980 | en_HK |
dc.identifier.hkuros | 41266 | - |
dc.relation.references | http://www.scopus.com/mlt/select.url?eid=2-s2.0-0040799980&selection=ref&src=s&origin=recordpage | en_HK |
dc.identifier.volume | 37 | en_HK |
dc.identifier.issue | 1 | en_HK |
dc.identifier.spage | 29 | en_HK |
dc.identifier.epage | 46 | en_HK |
dc.identifier.isi | WOS:000078737600003 | - |
dc.publisher.place | United States | en_HK |
dc.identifier.scopusauthorid | Suen, W=7006977946 | en_HK |
dc.identifier.scopusauthorid | Lui, HK=7006856331 | en_HK |
dc.identifier.issnl | 0095-2583 | - |