Painter, Matthew; Vespa, Jonathan - In: Journal of Family and Economic Issues 33 (2012) 4, pp. 491-506
.e., “spousal cohabiters”) have a distinctive financial advantage: they accumulate more wealth over time than individuals who … curve models, the present study attempts to identify the source of spousal cohabiters’ wealth advantage. We find that … marriage is associated with gains for financial and nonfinancial wealth, increasing home equity, and decreasing debt over time …