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SUMMARY:13.05.2026 - Michelle Rendall (Monash University)
DTSTART;TZID=Europe/Berlin:20260513T120000
DTEND;TZID=Europe/Berlin:20260513T131500
DTSTAMP:20260510T155417Z
UID:a1bff75fe42d4360b7e1362917bb2c2e@www.econ.uni-bonn.de
CREATED:20260316T115219Z
DESCRIPTION:Using 287 country-year samples [...] we document that all thre
 e axiomatically justified PAM measures of Chiappori et al. (2025) [...] de
 cline with GDP per capita. We show\, however\, that country-level measures
  are biased because marriages are formed in local markets: they conflate w
 ithin-region sorting with a segregation bias [...] and a PAM-composition b
 ias [...]. The two biases affect the three measures differently [...]. A f
 urther problem is that the standard absolute college-completion threshold 
 becomes uninformative in poor economies where attainment is near zero\, re
 ndering measures undefined or highly sensitive to small cell counts. To ad
 dress both issues we propose a two-market search-and-matching framework [.
 ..] and gender-specific relative education percentiles as a threshold comp
 arable across development levels. We derive closed-form expressions for al
 l three measures and characterise the decomposition of each aggregate meas
 ure into a within-region sorting and the two biases.
LAST-MODIFIED:20260504T081058Z
URL:https://www.econ.uni-bonn.de/macro/en/seminars/mef-seminar-summer-26/m
 ichelle-rendall-monash-university
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