Faculty of Economics and Business Administration Publications Database

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

Greenwood, Jeremy
Guner, Nezih
Santos, Cezar
Volume: 8
Pages: 1 - 41
Month: January
ISSN-Print: 1945-7707
Link External Source: Online Version
Year: 2016
Keywords: marriage, divorce, skill-biased technological change, home production, gender gap

Abstract: Marriage has declined since 1960, with the drop being more significant for noncollege-educated individuals versus college-educated ones. Divorce has increased, more so for the noncollege-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 US 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 marital structure play in determining income inequality.