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Technology and the Changing Family: a Unified Model of Marriage, Divorce Educational Attainment and Married Female Labor-Force Participation

Listed author(s):
  • Jeremy Greenwood
  • Nezih Guner
  • Georgi Kocharkov
  • Cezar Santos

Marriage has declined since 1960, with the drop being bigger for non-college educated individuals versus college educated ones. Divorce has increased, more so for the non-college 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 U.S. 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 assortative mating play in determining income inequality.

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Paper provided by Barcelona Graduate School of Economics in its series Working Papers with number 808.

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Date of creation: Feb 2015
Handle: RePEc:bge:wpaper:808
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