Citation

Discussion Paper Details

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Title: Technology and the Changing Family: A Unified Model of Marriage, Divorce, Educational Attainment and Married Female Labor-Force Participation

Author(s): Jeremy Greenwood, Nezih Guner, Georgi Kocharkov and Cezar Santos

Publication Date: February 2015

Keyword(s): assortative mating, education, household production, inequality, marriage and divorce and married female labour supply

Programme Area(s): International Macroeconomics and Labour Economics

Abstract: Marriage has declined since 1960, with the drop being bigger for non-college educated individuals versus college educated ones. Divorce has increased, more so for the non-college educated. Additionally, positive assortative mating has risen. Income inequality among households has also widened. A unified model of marriage, divorce, educational attainment and married female labor-force participation is developed and estimated to fit the postwar U.S. data. Two underlying driving forces are considered: technological progress in the household sector and shifts in the wage structure. The analysis emphasizes the joint role that educational attainment, married female labor-force participation, and assortative mating play in determining income inequality.

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Bibliographic Reference

Greenwood, J, Guner, N, Kocharkov, G and Santos, C. 2015. 'Technology and the Changing Family: A Unified Model of Marriage, Divorce, Educational Attainment and Married Female Labor-Force Participation'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=10434