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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP7324 |
DP7324 Oil Price Shocks, Monetary Policy and Stagflation | |
Lutz Kilian | |
发表日期 | 2009-06-14 |
出版年 | 2009 |
语种 | 英语 |
摘要 | This paper studies the role played by caste, education and other social and economic attributes in arranged marriages among middle-class Indians. We use a unique data set on individuals who placed matrimonial advertisements in a major newspaper, the responses they received, how they ranked them, and the eventual matches. We estimate the preferences for caste, education, beauty, and other attributes. We then compute a set of stable matches, which we compare to the actual matches that we observe in the data. We find the stable matches to be quite similar to the actual matches, suggesting a relatively frictionless marriage market. One of our key empirical findings is that there is a very strong preference for within-caste marriage. However, because both sides of the market share this preference and because the groups are fairly homogeneous in terms of the distribution of other attributes, in equilibrium, the cost of wanting to marry within-caste is low. This allows caste to remain a persistent feature of the Indian marriage market. |
主题 | Development Economics |
关键词 | Caste Marriage markets Gale-shapley algorithm |
URL | https://cepr.org/publications/dp7324 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536155 |
推荐引用方式 GB/T 7714 | Lutz Kilian. DP7324 Oil Price Shocks, Monetary Policy and Stagflation. 2009. |
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