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inequality? Data from the United States Census Bureau suggests there has been a rise in assortative mating. Additionally …, assortative mating affects household income inequality. In particular, if matching in 2005 between husbands and wives had been ….34, so that income inequality would be smaller. Thus, assortative mating is important for income inequality. The high level …
Persistent link: https://www.econbiz.de/10010821896
Since 1950 the sources of the gains from marriage have changed radically. As the educational attainment of women overtook and surpassed that of men and the ratio of men's to women's wage rates fell, traditional patterns of gender specialization in work weakened. The primary source of the gains...
Persistent link: https://www.econbiz.de/10010969382
's educational achievement, and widening inequality in U.S. labor markets. …
Persistent link: https://www.econbiz.de/10010969391
This paper examines how marital and fertility patterns have changed along racial and educational lines for men and women. Historically, women with more education have been the least likely to marry and have children, but this marriage gap has eroded as the returns to marriage have changed....
Persistent link: https://www.econbiz.de/10008634700
Household decisions are profoundly shaped by a complex set of financial options due to Social Security rules determining retirement, spousal, and survivor benefits, along with benefit adjustments that vary with the age at which these are claimed. These rules influence optimal household asset...
Persistent link: https://www.econbiz.de/10010951303
We develop an equilibrium lifecycle model of education, marriage and labor supply and consumption in a transferable utility context. Individuals start by choosing their investments in education anticipating returns in the marriage market and the labor market. They then match based on the...
Persistent link: https://www.econbiz.de/10011252666
Women born in 1935 went to college significantly less than their male counterparts and married women's labor force participation (LFP) averaged 40% between the ages of thirty and forty. The cohort born twenty years later behaved very differently. The education gender gap was eliminated and...
Persistent link: https://www.econbiz.de/10009325524
Marriage has declined since 1960, with the drop being bigger for non-college educated individuals versus college educated ones. Divorce has increased, more so for the non-college educated vis-à-vis the college educated. Additionally, assortative mating has risen; i.e., people are more likely to...
Persistent link: https://www.econbiz.de/10009401245
inequality understate total economic inequality. …
Persistent link: https://www.econbiz.de/10005718651
The empirical labor supply literature includes some simple aggregate studies, and some individual-level studies explicitly accounting for heterogeneity and the discrete choice, but sometimes leaving open the ultimately aggregate questions that motivated the study. As a middle ground, we...
Persistent link: https://www.econbiz.de/10005720687