When the analyst has data on one large market, we study partial identification of the preference parameters in models of one-to-one matching with transfers without imposing parametric distributional restrictions on the agents' unobserved characteristics . We provide a tractable characterisation of the sharp identified setand discuss inference , under various classes of nonparametric distributional assumptions on the agents' unobserved characteristics. We use our methodologyto test if the variations in marriage matching patterns observed over time in the U.S. are caused by changes in the agents' preferences for education assortativeness or by a shift in the proportion of educated women .
We study partial identification of the preference parameters in models of one-to-one matching with perfectly transferable utilities, without imposing parametric distributional restrictions on the unobserved heterogeneity and with data on one large market . We provide a tractable characterisation of the identified set , under various classes of nonparametric distributional assumptions on the unobserved heterogeneity. Using our methodology, we re-examine some of the relevant questions in the empirical literature on the marriage market which have been previously studied under the Multinomial Logit assumption .
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When the analyst has data on one large market, we
We
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transfers
perfectly transferable utilities,
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agents' unobserved characteristics
unobserved heterogeneity and with data on one large market
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sharp identified setand discuss inference
identified set
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agents' unobserved characteristics. We use our methodologyto test if the variations in marriage matching patterns observed over time in the U.S. are caused by changes in the agents' preferences for education assortativeness or by a shift in the proportion of educated women
unobserved heterogeneity. Using our methodology, we re-examine some of the relevant questions in the empirical literature on the marriage market which have been previously studied under the Multinomial Logit assumption