Marry Your Like : Assortative Mating and Income Inequality

Greenwood, Jeremy; Guner, Nezih; Kocharkov, Georgi; Santos, Cezar

Marry Your Like : Assortative Mating and Income Inequality

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Date

2014

Authors

Greenwood, Jeremy

Guner, Nezih

Kocharkov, Georgi

Santos, Cezar

Publication type

Journal article

Published in

American Economic Review ; 104 (2014), 5. - pp. 348-353. - ISSN 0002-8282. - eISSN 1944-7981

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.

Subject (DDC)

330 Economics

Cite This

ISO 690

GREENWOOD, Jeremy, Nezih GUNER, Georgi KOCHARKOV, Cezar SANTOS, 2014. Marry Your Like : Assortative Mating and Income Inequality. In: American Economic Review. 104(5), pp. 348-353. ISSN 0002-8282. eISSN 1944-7981. Available under: doi: 10.1257/aer.104.5.348

BibTex

@article{Greenwood2014Marry-28945,
  year={2014},
  doi={10.1257/aer.104.5.348},
  title={Marry Your Like : Assortative Mating and Income Inequality},
  number={5},
  volume={104},
  issn={0002-8282},
  journal={American Economic Review},
  pages={348--353},
  author={Greenwood, Jeremy and Guner, Nezih and Kocharkov, Georgi and Santos, Cezar}
}

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Bibliography of Konstanz

Yes