Altonji, Joseph G.; Giraldo Páez, Daniel; Hynsjö, Disa M. - National Bureau of Economic Research - 2024
wage rates, employment, and hours; labor market shocks; spouse characteristics and shocks; nonlabor income shocks; and … marital histories to the age profiles of the variance of family income per adult equivalent. The decompositions are based upon …, fertility, and nonlabor income. We find that education and employment heterogeneity are key sources of the rise in the variance …