Full Citation

Title: Targeted Search in Matching Markets

Citation Type: Working Paper

Publication Year: 2016

ISBN: 2149226804

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Abstract: We endogenize the degree of randomness in the matching process by proposing a model where agents have to pay a search cost to locate potential matches more accurately. The model features a tension between an agent's desire to find a more productive match and to maximize the odds of finding a match. This tension drives a wedge between the shape of sorting patterns and the shape of the underlying match payoff function. We show the empirical relevance of the latter prediction by applying the model to the U.S. marriage market. JEL: E24, J64, C78, D83.

Url: https://www.dallasfed.org/-/media/Documents/research/papers/2016/wp1610.pdf

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Authors: Cheremukhin, Anton; Restrepo-Echavarria, Paulina; Tutino, Antonella

Series Title: Dallas Fed Working Paper Series

Publication Number: 1610

Institution: Federal Reserve Bank of Dallas

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Publisher Location: Dallas TX

Data Collections: IPUMS USA

Topics: Family and Marriage, Other

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