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The Quit Propensity of Married Men

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  • Shaw, Kathryn L

Abstract

This paper hypothesizes that the quit propensity of married men rises with an increase in their wives' income. Assuming that individuals are risk averse and that quitting is risky, the wife's income increases the husband's expected value of quitting by reducing the variance of expected family income. Using the longit udinal data from the Michigan Panel Study of Income Dynamics, the wif e's income is found to have a large effect on quits. The average husb and's quit rate increases by about 45 percent when the wife's income rises from zero to two-thirds that of the husband's. The wife's incom e effect nearly offsets the negative effect that marriage typically h as on male quit rates. Copyright 1987 by University of Chicago Press.

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Bibliographic Info

Article provided by University of Chicago Press in its journal Journal of Labor Economics.

Volume (Year): 5 (1987)
Issue (Month): 4 (October)
Pages: 533-60

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Handle: RePEc:ucp:jlabec:v:5:y:1987:i:4:p:533-60

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Web page: http://www.journals.uchicago.edu/JOLE/

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Cited by:
  1. Charles Brown & Greg J. Duncan & Frank P. Stafford, 1996. "Data Watch: The Panel Study of Income Dynamics," Journal of Economic Perspectives, American Economic Association, vol. 10(2), pages 155-168, Spring.
  2. Kevin T. Stroupe & Eleanor D. Kinney & Thomas J.J. Kniesner, 2001. "Chronic Illness and Health Insurance-Related Job Lock," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 20(3), pages 525-544.
  3. Shirley H. Liu & Frank Heiland, 2007. "New Estimates on the Effect of Parental Separation on Child Health," Working Papers 0719, University of Miami, Department of Economics.
  4. Steven Stillman, 2000. "Labor Market Uncertainty and Private Sector Labor Supply in Russia," Working Papers 00-16, RAND Corporation Publications Department.
  5. Chami, Ralph & Fischer, Jeffrey H., 2000. "Do private income transfers increase labor market risk?," Economics Letters, Elsevier, vol. 69(2), pages 143-151, November.
  6. Rodgers III, William M. & Stratton, Leslie S., 2005. "The Male Marital Wage Differential: Race, Training, and Fixed Effects," IZA Discussion Papers 1745, Institute for the Study of Labor (IZA).
  7. Campbell, Carl III, 1995. "A cross-industry time-series analysis of quits," The Quarterly Review of Economics and Finance, Elsevier, vol. 35(1), pages 53-72.

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