The traditional family - a married woman and man and their biological children - is under siege from several directions. The percentage of American children born outside of marriage has climbed sharply, and the rise seems to be continuing inexorably. For traditional families that are formed,...

High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well-being. This paper studies the importance of individual economic security, in particular, job security, in workers' well-being by exploiting sector-specific institutional differences...