graduates, less-educated women are more likely to enter into cohabiting partnerships early and bear children while cohabiting … graduate parents use marriage as a commitment device to facilitate intensive joint investments in their children. For less … relative to cohabitation. The resulting socioeconomic divergence has implications for children and for future inequality …

graduates, less-educated women are more likely to enter into cohabiting partnerships early and bear children while cohabiting … device to facilitate intensive joint investments in their children. For less educated couples for whom such investments are … socioeconomic divergence has implications for children and for future inequality …