G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7324
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
URLhttps://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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