In the last decades, the US has seen narrowing gender employment, wage, and education gaps. The labor market has also faced a shift from physical (“brawn”) to intellectual (“brain”) skill requirements. I rationalize this in a general equilibrium model using two key assumptions: (1) brain...

After almost a century-long pattern of rising marital instability, divorce rates leveled off in 1980 and have been declining ever since. The timing of deceleration and decline in the rates of marital disruption interestingly coincides with a period of substantial growth in wage inequality. This...

After almost a century-long pattern of rising marital instability, divorce rates leveled off in 1980 and have been declining ever since. The timing of deceleration and decline in the rates of marital disruption interestingly coincides with a period of substantial growth in wage inequality. This...