EconPapers    
Economics at your fingertips  
 

Changes in Assortative Matching and Inequality in Income: Evidence for the UK

Pierre-André Chiappori, Monica Costa Dias (), Sam Crossman and Costas Meghir ()
Additional contact information
Pierre-André Chiappori: Columbia University
Sam Crossman: Institute for Fiscal Studies
Costas Meghir: Yale University

No 2020-034, Working Papers from Human Capital and Economic Opportunity Working Group

Abstract: The extent to which like-with like marry is important for inequality as well as for the outcomes of children that result from the union. In this paper we present evidence on changes in assortative mating and its implications for household inequality in the UK. Our approach contrasts with others in the literature in that it is consistent with an underlying model of the marriage market. We argue that a key advantage of this approach is that it creates a direct connection between changes in assortativeness in marriage and changes in the value of marriage for the various possible matches by education group. Our empirical results do not show a clear direction in the change in assortativeness in the UK, between the birth cohorts of 1945-54 and 1965-74. We find that changes in assortativeness pushed income inequality up slightly, but that the strong changes in education attainment across the two cohorts contributed to scale down inequality.

Keywords: Marriage; mobility; UK (search for similar items in EconPapers)
JEL-codes: J12 J13 D31 (search for similar items in EconPapers)
Date: 2020-05
New Economics Papers: this item is included in nep-eur and nep-ltv
Note: ECI, FI, M
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://humcap.uchicago.edu/RePEc/hka/wpaper/Chiapp ... h-ineq-income-UK.pdf First version, April 9, 2020 (application/pdf)

Related works:
Journal Article: Changes in Assortative Matching and Inequality in Income: Evidence for the UK (2020) Downloads
Working Paper: Changes in Assortative Matching and Inequality in Income: Evidence for the UK (2020) Downloads
Working Paper: Changes in Assortative Matching and Inequality in Income: Evidence for the UK (2020) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hka:wpaper:2020-034

Access Statistics for this paper

More papers in Working Papers from Human Capital and Economic Opportunity Working Group Contact information at EDIRC.
Bibliographic data for series maintained by Jennifer Pachon ().

 
Page updated 2020-10-26
Handle: RePEc:hka:wpaper:2020-034