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

Jeremy Greenwood, Nezih Guner, Cezar Santos and Georgi Kocharakov
Authors registered in the RePEc Author Service: Georgi Kocharkov

No 10434, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: 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.

Keywords: Assortative mating; Education; Married female labour supply; Household production; Marriage and divorce; Inequality (search for similar items in EconPapers)
JEL-codes: E13 J12 J22 O11 (search for similar items in EconPapers)
Date: 2015-02
New Economics Papers: this item is included in nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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