Changes in family welfare from 1994 to 2012: a tale of two decades

Julie Hotchkiss, Robert Moore, Fernando Rios-Avila () and Melissa R. Trussell

No 2014-26, FRB Atlanta Working Paper from Federal Reserve Bank of Atlanta

Abstract: The female/male average wage ratio has steadily risen from 1983 to 2012. In earlier work, we found that the falling wage gap from 1983 to 1993 was materially detrimental to the average dual-earner family. The female/male wage ratio continued to rise over the following two decades, accompanied by a growing share of households in which the wife is the principal household income generator. This paper investigates how these two developments affected family welfare. Although family welfare rose during the 1990s, the story of the 2000s is quite different.

Keywords: joint labor supply; family utility; microsimulation (search for similar items in EconPapers)
JEL-codes: D19 I30 J22 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2014-12-01
New Economics Papers: this item is included in nep-dem
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