Identification and Parametric Estimation of Empirical Dynamic Marriage Matching Models

• 成果类型: Article
• 署名作者: Chen, Liang; Choo, Eugene
• 署名单位: Yale NUS College; Zhejiang University; Yale NUS College
• 刊物名称: ECONOMIC JOURNAL
• ISSN/ISSBN: 0013-0133
• DOI: 10.1093/ej/ueac052
• 发表日期: 2023
• 页码: 1005-1035
• 关键词: higher-education; CHINA; CHOICE; POLICY; CONSEQUENCES; replacement; expansion

摘要

Marriage matching markets typically involve heterogenous agents participating in a dynamic, non-stationary environment. These features pose a considerable modelling challenge. In this paper, we develop a new parametric model of dynamic marriage that allows for market non-stationarity using a system of transitionary equilibria. We propose a method to identify and parametrically estimate the model by representing the model equilibrium with a fixed-point mapping. We apply our model to investigate how China's one-child policy has affected the marriage distribution through its effect on the population and sex ratios.