IDEC DP2 Series Volume 5 Issue 1
published_at 2015-06

The Gender Division of Labor : A Joint Marriage and Job Search Model

Komura Mizuki
fulltext
538 KB
IDEC-DP2_05-1.pdf
Abstract
This paper develops a model combining marriage and the job search, including marital bargaining and wage posting. It considers two types of jobs, full-time and part-time, and workers, male and female. After job-worker matching, male and female individuals find one another in the marriage market. This model has multiple equilibria in terms of gender divisions of labor, and the equilibrium market tightness is socially inefficient because of externalities arising from the expected gains from marriage.