Faculty of Economics and Business Administration Publications Database

Marry Your Like: Assortative Mating and Income Inequality

Selected
Authors:
Greenwood, Jeremy
Guner, Nezih
Santos, Cezar
Source:
Volume: 104
Pages: 348 - 353
Month: May
ISSN-Print: 0002-8282
Link External Source: Online Version
Year: 2014
Keywords: marriage, marital sorting, inequality
Abstract:

Has there been an increase in positive assortative mating? Does assortative mating contribute to household income inequality? Data from the United States Census Bureau suggests there has been a rise in assortative mating. Additionally, assortative mating affects household income inequality. In particular, if matching in 2005 between husbands and wives had been random, instead of the pattern observed in the data, then the Gini coefficient would have fallen from the observed 0.43 to 0.34, so that income inequality would be smaller. Thus, assortative mating is important for income inequality. The high level of married female labor-force participation in 2005 is important for this result.

 

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