TECHNOLOGY AND THE CHANGING FAMILY

Jeremy Greenwood

No 1420, 2011 Meeting Papers from Society for Economic Dynamics

Abstract: Marriage has declined since 1960. The drop has been bigger for unskilled individuals versus skilled ones. Simultaneously, divorce has increased. More so for the non-college educated vis à vis the college educated. Additionally, assortative mating has risen. People are more likely to marry someone of the same education level today than in the past. A model of marriage and divorce is calibrated/estimated to fit the postwar U.S. data. The contribution of different factors, such as skilled-biased technological progress in the market, labor-saving technological progress in the home, and the narrowing of the gender gap, to explaining these facts is gauged.

Date: 2011
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