Journal of Economic Literature
ISSN 0022-0515 (Print) | ISSN 2328-8175 (Online)
The Econometrics of Matching Models
Journal of Economic Literature
vol. 54,
no. 3, September 2016
(pp. 832–61)
Abstract
Many questions in economics can be fruitfully analyzed in the framework of matching models. Until recently, empirical work has lagged far behind theory in this area. This review reports on recent developments that have considerably expanded the range of matching models that can be taken to the data. A leading theme is that in such two-sided markets, knowing the observable characteristics of partners alone is not enough to credibly identify the relevant parameters. A combination of richer data and robust, theory-driven restrictions is required. We illustrate this on leading applications.Citation
Chiappori, Pierre-André, and Bernard Salanié. 2016. "The Econometrics of Matching Models." Journal of Economic Literature, 54 (3): 832–61. DOI: 10.1257/jel.20140917Additional Materials
JEL Classification
- C57 Econometrics of Games and Auctions
- C78 Bargaining Theory; Matching Theory