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Prochain séminaire, le Jeudi 4 Mars 2010
Arnaud DUPUY (ROA, Maastricht Universtiy, Pays-Bas)
"Sorting on Skills and Preferences : Tinbergen Meets Sattinger"
de 14 h à 15 h 30 en Salle S016 à l'INSEE-CREST, 15 Boulevard Gabriel Péri, 92245 MALAKOFF (Métro : Malakoff/Plateau de Vanves (Immeuble "Malakoff 2)).
Abstract : This paper proposes an assignment model where sorting occurs on attributes including both skills (Sattinger (1979)) and preferences (Tinbergen (1956)). The key feature of this model is that in equilibrium, the wage function admits both jobs’ and workers’ attributes as arguments. Even under positive assortative matching, the correlation between the contribution of workers’ attributes to wages and that of jobs’ attributes can vary from -1 to 1 depending on the parameters of the model, i.e. preference, technology and the distribution of both sets of attributes. This paper also presents conditions under which nonadditive marginal utility and production function are nonparametrically identified using observations from a single hedonic market and proposes a nonparametric estimator.