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来源类型Working Paper
规范类型报告
DOI10.3386/w28400
来源IDWorking Paper 28400
Marriage Dynamics, Earnings Dynamics, and Lifetime Family Income
Joseph G. Altonji; Disa M. Hynsjo; Ivan Vidangos
发表日期2021-02-01
出版年2021
语种英语
摘要We examine what determines the family income that men and women experience over their adult lives. To this end, we estimate a dynamic model of earnings, nonlabor income, fertility, marriage, and divorce. We use the model to address a number of important questions in labor and family economics, including the effects of education and unobserved permanent characteristics on marital status and on spouse characteristics conditional on marriage. We estimate the dynamic response of wage rates, work hours, earnings, marriage and spouse characteristics and family income to various shocks. Marital status has a much larger effect on family income for women than men, while labor market shocks to men are more important than shocks to women. Marital sorting plays a major role in the return to education and permanent wages, especially for women. We use the model to provide gender-specific estimates of the contribution of education, permanent wages, labor market shocks, spouse characteristics, and marital histories to the variance of family income at a given age and over a lifetime.
主题Microeconomics ; Households and Firms ; Market Structure and Distribution ; Labor Economics ; Demography and Aging ; Labor Compensation
URLhttps://www.nber.org/papers/w28400
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/586074
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GB/T 7714
Joseph G. Altonji,Disa M. Hynsjo,Ivan Vidangos. Marriage Dynamics, Earnings Dynamics, and Lifetime Family Income. 2021.
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