Marriage Market and Labour Market Sorting

• 成果类型: Article
• 署名作者: Calvo, Paula; Lindenlaub, Ilse; Reynoso, Ana
• 署名单位: Arizona State University; Arizona State University-Tempe; Yale University; University of Michigan System; University of Michigan
• 刊物名称: REVIEW OF ECONOMIC STUDIES
• ISSN/ISSBN: 0034-6527
• DOI: 10.1093/restud/rdae010
• 发表日期: 2024
• 页码: 3316-3361
• 关键词: intertemporal behavior; home production; gender-gap; divorce; MODEL; CHILDREN; CHOICE; FAMILY; INEQUALITY; INVESTMENT

摘要

We develop a new equilibrium model in which households' labour supply choices form the link between sorting on the marriage market and sorting on the labour market. We first show that in theory, the nature of home production-whether partners' hours are complements or substitutes-shapes equilibrium labour supply as well as marriage and labour market sorting. We then estimate our model using German data to empirically assess the nature of home production, and find that spouses' home hours are complements. We investigate to what extent complementarity in home hours drives sorting and inequality. We find that home production complementarity strengthens positive marriage sorting and reduces the gender gap in hours and in labour sorting. This puts significant downward pressure on the gender wage gap and on within-household income inequality, but fuels between-household inequality. Our estimated model sheds new light on the sources of inequality in today's Germany, and-by identifying important shifts in home production technology toward more complementarity-on the evolution of inequality over time.