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Non-marital childbearing has increased dramatically over the past several decades in both the US and the UK. In 2008, 45 percent of British children were born outside of marriage, up from 8 percent in 1971. A similar trend appears in the US, with 41 percent of births in 2008 occurring to...
Persistent link: https://www.econbiz.de/10010928134
The context of family life has changed dramatically over the past 50 years. Today, over 40 percent of children in the U.S. are born to unmarried parents, up from only 5 percent in 1960. My research tries to understand why this change is happening and what it means for parents, children and...
Persistent link: https://www.econbiz.de/10010928152
This paper investigates the effect of relative income on marriage. Accounting flexibly for absolute income, the ratio between a manÂ’s income and a local reference group median is a strong predictor of marital status, but only for low-income men. Relative income affects marriage even among...
Persistent link: https://www.econbiz.de/10008509101
In this paper we investigate the effect of relative income on marital status. We develop an identity model based on Akerlof and Kranton (2000) and apply it to the marriage decision. The empirical evidence is consistent with the idea that people are more likely to marry when their incomes...
Persistent link: https://www.econbiz.de/10005000281
In this paper we investigate the effect of relative income on marital status. We develop an identity model based on Akerlof and Kranton (2000) and apply it to the marriage decision. The empirical evidence is consistent with the idea that people are more likely to marry when their incomes...
Persistent link: https://www.econbiz.de/10011149779