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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP3044 |
DP3044 A Discrete-Time Stochastic Model of Job Matching | |
Yves Zenou; Tony Smith | |
发表日期 | 2001-11-01 |
出版年 | 2001 |
语种 | 英语 |
摘要 | This Paper examines the interactions between household matching, inequality, and per capita income. We develop a model in which agents decide whether to become skilled or unskilled, form households, consume and have children. We show that the equilibrium sorting of spouses by skill type (their correlation in education) is increasing as a function of the skill premium. In the absence of perfect capital markets, the economy can converge to different steady states, depending upon initial conditions. The degree of marital sorting, wage inequality, per capita income and fertility differentials are positively correlated across steady states. We use household surveys from 34 countries to construct several measures of the skill premium and of the degree of correlation of spouses? education (marital sorting). For all our measures, we find a positive and significant relationship between the two variables. |
主题 | International Macroeconomics ; Labour Economics ; Public Economics |
关键词 | Education Assortative matching Fertility Growth Human capital |
URL | https://cepr.org/publications/dp3044 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532075 |
推荐引用方式 GB/T 7714 | Yves Zenou,Tony Smith. DP3044 A Discrete-Time Stochastic Model of Job Matching. 2001. |
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