14 Feb All of our analyses make sure increasing monetary homogamy is actually much more determined by the changes in spouses‘ financial similarity after parenthood
Exactly what do these habits mean to own inequality round the family members? I consider the newest decomposition of your own Curriculum vitae so you're able to guess exactly how changes in earnings correlations contour money inequality certainly married people into the that your partner is decades forty five otherwise young in addition to eldest youngster is actually ages 0ten. We use artificial correlation style out-of Table cuatro to display the sum out-of five people of great interest: alterations in ladies work in advance of beginning, alterations in money correlation prior to birth net out-of alterations in ladies employment, changes in ladies' a job immediately following birth, and you can alterations in money correlations just after delivery web off changes in ladies' a career.
Figure dos summarizes the outcome in the investigation for the whole period and the sooner and soon after episodes, 19681990 and 19902015. The major committee suggests the brand new contribution regarding alterations in economic homogamy in order to aggregate-level changes in earnings inequality, plus the bottom panel suggests brand new drivers out-of improvement in economic homogamy. Full decomposition tables come in Table A11 of online appendix. Brand new exhibited overall performance apply at our chief attempt, which is affiliate away from maried people in which the wife is actually years forty five otherwise more youthful that have an earliest youngster decades 010. These types of results are sturdy into the same sensitiveness criteria presented before, such as the larger pooled try, that's associate from married couples who will be childless too since the anyone who has an eldest youngster ages 018. We discover you to definitely income inequality since the mentioned by Cv increased of the .twenty-two facts ranging from 1968 and you may 2015; subsequent, alterations in spouses' money correlation account for 31% from the boost, straightening that have in earlier times blogged results (Gonalons-Pons and you will Schwartz 2017; Schwartz 2010).