The comparative statics of sorting (Record no. 525956)

000 -LEADER
fixed length control field 01455nam a22001577a 4500
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fixed length control field 240426b ||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Anderson, Axel and Smith, Lones
245 ## - TITLE STATEMENT
Title The comparative statics of sorting
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc The American Economic Review
300 ## - PHYSICAL DESCRIPTION
Extent 114(3), Mar, 2024: p.709-751
520 ## - SUMMARY, ETC.
Summary, etc We create a general and tractable theory of increasing sorting in pairwise matching models with monetary transfers. The positive quadrant dependence partial order subsumes Becker (1973) as the extreme cases with most and least sorting and implies increasing regression coefficients. Our theory turns on synergy—the cross-partial difference or derivative of match production. This reflects basic economic forces: diminishing returns, technological convexity, insurance, and learning dynamics. We prove sorting increases if match synergy globally increases, and is cross-sectionally monotone or single crossing. We use our results to derive sorting predictions in major economics sorting papers and in new applications.- Reproduced

https://www.aeaweb.org/articles?id=10.1257/aer.20210890
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Pairwise matching models, Monetary transfers, positive quadrant dependence, sorting theory, synergy, match production, diminishing returns, technological convexity, insurance, learning dynamics, regression coefficients
9 (RLIN) 51909
773 ## - HOST ITEM ENTRY
Main entry heading The American Economic Review
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
Subject DIP ECONOMICS
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2024-04-26 114(3), Mar, 2024: p.709-751 AR131749 2024-04-26 Articles

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