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Marriage, Working Spouses, and Male Wage Volatility

Hye Mi You

Korean Economic Review, 2018, vol. 34, 101-115

Abstract: This paper examines whether the recent increase in male wage volatility varies by marital status and spousal work status. Using the Panel Study of Income Dynamics (PSID), we estimate separately a standard residual wage process for all men, married men, and married men with a working spouse over the 1967-2010 period. We find that all three groups of men shared similar trends in the variances of both persistent and transitory wage shocks. Married men, including those with a working wife, experienced a smaller increase in their wage volatility compared to all men, yet the differences between the two groups are small.

Keywords: Wage Volatility; Marital Status; Working Spouse (search for similar items in EconPapers)
JEL-codes: D31 J12 J31 (search for similar items in EconPapers)
Date: 2018
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