American Economic Journal: Macroeconomics
no. 1, January 2016
Marriage has declined since 1960, with the drop being more significant for noncollege-educated individuals versus college-educated ones. Divorce has increased, more so for the noncollege-educated. Additionally, positive assortative mating has risen. Income inequality among households has also widened. A unified model of marriage, divorce, educational attainment, and married female labor-force participation is developed and estimated to fit the postwar US data. Two underlying driving forces are considered: technological progress in the household sector and shifts in the wage structure. The analysis emphasizes the joint role that educational attainment, married female labor-force participation, and marital structure play in determining income inequality. (JEL D13, D31, D83, I20, J12, J16, O33)
Greenwood, Jeremy, Nezih Guner, Georgi Kocharkov, and Cezar Santos.
"Technology and the Changing Family: A Unified Model of Marriage, Divorce, Educational Attainment, and Married Female Labor-Force Participation."
American Economic Journal: Macroeconomics,
Household Production and Intrahousehold Allocation
Personal Income, Wealth, and Their Distributions
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
Education and Research Institutions: General
Marriage; Marital Dissolution; Family Structure; Domestic Abuse
Economics of Gender; Non-labor Discrimination
Technological Change: Choices and Consequences; Diffusion Processes