Showing 1 - 10 of 306
We develop, apply, and test a new measure of the marriage tax - the reduction in future spending from getting married - using SCF and ACS data. Our measure incorporates all major and most minor U.S. tax and benefit programs. And it assumes clone marriage - marrying oneself - to ensure the...
Persistent link: https://www.econbiz.de/10013334378
divorce. Third, the widening college gap in children's family structure corresponds to a widening college gap in marriage …
Persistent link: https://www.econbiz.de/10013210106
Unique data from the Berea Panel Study provides new evidence about fertility outcomes before age 30 and beliefs about these outcomes elicited soon after college graduation. Comparing outcomes and beliefs yields a measure of belief accuracy. Individuals who are unmarried and not in relationships...
Persistent link: https://www.econbiz.de/10014576607
players. For male winners, wealth increases marriage formation and reduces divorce risk, suggesting wealth increases men … winners is that wealth increases their short-run (but not long-run) divorce risk. Our results for divorce are consistent with … a model where the wealthier spouse retains most of his/her wealth in divorce. In support of this assumption, we show …
Persistent link: https://www.econbiz.de/10014247960
This paper explores how historical gender roles become entrenched as norms over the long run. In the historical United States, gender roles on the frontier looked starkly different from those in settled areas. Male-biased sex ratios led to higher marriage rates for women and lower for men. Land...
Persistent link: https://www.econbiz.de/10014247997
This paper leverages the universe of U.S. tax data and state lottery wins between 2000 and 2019 to estimate the causal effect of financial resources on three key lifecycle outcomes for young adults. We find large and persistent effects on homeownership, with a response function that exhibits...
Persistent link: https://www.econbiz.de/10013477235
In theory, unilateral divorce laws alter the private incentive to invest in human capital by permitting either spouse … less likely to attain a bachelor's degree in states with unilateral divorce laws--especially individuals who were exposed … to the laws when making educational choices and who live in states requiring an even split of assets upon divorce …
Persistent link: https://www.econbiz.de/10014337779
This paper builds a world atlas of child penalties in employment based on micro data from 134 countries. The estimation of child penalties is based on pseudo-event studies of first child birth using cross-sectional data. The pseudo-event studies are validated against true event studies using...
Persistent link: https://www.econbiz.de/10014337881
In this paper we develop a novel approach to measuring individual welfare within households, recognizing that individuals may have both different preferences (particularly regarding public consumption) and differential access to resources. We construct a money metric measure of welfare that...
Persistent link: https://www.econbiz.de/10014635608
This paper examines the multigenerational impact of children and whether the public provision of formal childcare lessens the earnings and employment impacts of children. We find that the arrival of a firstborn reduces employment and earnings of mothers and employment of grandmothers. Studying a...
Persistent link: https://www.econbiz.de/10014512058