TY  - RPRT
        AU  - Browning, Martin J.
AU  - Cherchye, Laurens
AU  - Demuynck, Thomas
AU  - Rock, Bram De
AU  - Vermeulen, Frederic
        TI  - Stable Marriage, Household Consumption and Unobserved Match Quality
        PY  - 2021/Aug/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 14688
        UR  - https://www.iza.org/publications/dp14688
        AB  - We present a methodology for the structural empirical analysis of house- hold consumption and time use behaviour under marital stability. Our approach is of the revealed preference type and non-parametric, meaning that it does not require a prior functional specification of individual utilities. Without making use of the transferable utility assumption, but still allowing for monetary transfers, our method can identify individuals' unobserved match qualities and quantify them in money metric terms. We can include both preference factors, affecting individuals' preferences over private and public goods, and match quality factors, driving differences in unobserved match quality. We demonstrate the practical usefulness of our methodology through an application to the Belgian MEqIn data. Our results reveal intuitive patterns of unobserved match quality that allow us to rationalise both the observed matches and the within-household allocations of time and money.
        KW  - household consumption
KW  - marital stability
KW  - unobserved match quality
KW  - revealed preference analysis
KW  - intrahousehold allocation
        ER  -