Marriage, Fertility and Divorce: A Dynamic Equilibrium Analysis of Social Policy in Canada
Elderly women are much more likely to be poor than the elderly men. In 1992, 15.7 percent of elderly females, those over age 65, were in poverty, in contrast to 8.9 percent of elderly males. A nonmarried women who is on the verge of retirement has about 20 percent less wealth than a nonmarried women. Since women are expected to live about 4 years longer than men at age 65, these wealth differences imply even bigger income differences at older ages. Old men and women differ dramatically in their marital status as well. In 1990, 76.5 percent elderly men were married, while only 41.5 percent of elderly women were. Most of the elderly women, 49 percent, were widows. Some questions naturally arise: Why does elderly men and women differ in their old age incomes? Are these differences simply a result of widowhood or do they reflect differences in labor market experiences of men and women? How will the future of elderly women and men will be effected by the changes in US family structure and female labor for ce participation patterns that took place since 1950s? How do public policies affect the lives of elderly women?US family structure has changed dramatically between 1950 and 1990. As a result of lower marriage rates, doubling of divorce rates and a fourfold increase in the rate of extramarital fertility, the proportion of singleparent households increased nearly three-fold during this period, while the proportion of married-couple households fell to 56% in 1990. Although these changes and their macroeconomic effects have received much attention, there hasn't been any work that focuses on the implications of these changes for the lives of the elderly. The first of the cohorts to come of age during this regime change, however, is now entering their old age, and they will have very different life-cycles than their predecessors. Until now, the majority of single elderly women have been widows. This is certain to change with much more women entering their old age as singles.
(This abstract was borrowed from another version of this item.)
|Date of creation:||2001|
|Date of revision:|
|Contact details of provider:|| Web page: http://www.dklevine.com/|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Greenwood, J. & Guner, N. & Knkwles, J., 1999.
"More on Marriage, Fertility, and the Distribution of Income,"
9904, London School of Economics - Centre for Labour Economics.
- Jeremy Greenwood & Nezih Guner & John A. Knowles, 2003. "More on Marriage, Fertility, and the Distribution of Income," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 44(3), pages 827-862, 08.
- Jeremy Greenwood & Nezih Guner & John Knowles, . "More on Marriage, Fertility, and the Distribution of Inocome," Penn CARESS Working Papers 65f9ffed93b3a872de23c94c2, Penn Economics Department.
- Jeremy Greenwood & Nezih Guner & John Knowles, . "More on Marriage, Fertility, and the Distribution of Inocome," CARESS Working Papres 99-05, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
- Jeremy Greenwood & Nezih Guner & John Knowles, 2002. "More on Marriage, Fertility and the Distribution of Income," RCER Working Papers 489, University of Rochester - Center for Economic Research (RCER).
- Jeremy Greenwood & Nezih Guner & and John Knowles, 1999. "More on marriage, fertility, and the distribution of income," Working Paper 9904, Federal Reserve Bank of Cleveland.
- Michael Charette & Ronald Meng, 1994. "The Determinants of Welfare Participation of Female Heads of Household in Canada," Canadian Journal of Economics, Canadian Economics Association, vol. 27(2), pages 290-306, May.
- Heisz, Andrew & Corak, Miles, 1998.
"The Intergenerational Earnings and Income Mobility of Canadian Men: Evidence from Longitudinal Income Tax Data,"
Analytical Studies Branch Research Paper Series
1998113e, Statistics Canada, Analytical Studies Branch.
- Miles Corak & Andrew Heisz, 1999. "The Intergenerational Earnings and Income Mobility of Canadian Men: Evidence from Longitudinal Income Tax Data," Journal of Human Resources, University of Wisconsin Press, vol. 34(3), pages 504-533.
- Hilary Williamson Hoynes, 1996. "Work, Welfare, and Family Structure: What Have We Learned?," NBER Working Papers 5644, National Bureau of Economic Research, Inc.
- S. Rao Aiyagari & Jeremy Greenwood & Nezih Guner, 2000.
"On the State of the Union,"
Journal of Political Economy,
University of Chicago Press, vol. 108(2), pages 213-244, April.
- R. A. Moffitt, . "The Effect of Welfare on Marriage and Fertility: What Do We Know and What Do We Need to Know?," Institute for Research on Poverty Discussion Papers 1153-97, University of Wisconsin Institute for Research on Poverty.
- Sheila Eastman, 1992. "Improving Outcomes for Divorced Women," Canadian Public Policy, University of Toronto Press, vol. 18(3), pages 318-326, September.
- Garnett Picot & John Myles, 1996. "Social Transfers, Changing Family Structure and Low Income Among Children," Canadian Public Policy, University of Toronto Press, vol. 22(3), pages 244-267, September.
When requesting a correction, please mention this item's handle: RePEc:cla:penntw:2330ae691c785001af741e1c15b1a198. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (David K. Levine)
If references are entirely missing, you can add them using this form.