All of our analyses make sure broadening monetary homogamy was all the more passionate of the changes in spouses’ financial similarity just after parenthood
Precisely what do this type of models indicate to own inequality across the parents? I move to the fresh decomposition of the Cv so you're able to guess how changes in earnings correlations contour earnings inequality certainly one of married people in that wife are ages forty-five otherwise younger as well as the oldest youngster is actually years 0ten. We explore simulated correlation trends regarding Dining table cuatro to display the brand new contribution out of four drivers interesting: changes in ladies a position before birth, changes in money relationship prior to delivery websites out of alterations in ladies a job, changes in ladies a position shortly after beginning, and you may changes in earnings correlations just after beginning online from alterations in ladies' work.
Figure 2 summarizes the outcome regarding the research for the whole several months and also for the sooner and later periods, 19681990 and you can 19902015. The big committee suggests this new share out-of changes in financial homogamy so you're able to aggregate-height changes in earnings inequality, as well as the base committee shows new motorists out-of change in monetary homogamy. Complete decomposition tables appear in Table A11 of one's on the web appendix. The fresh new exhibited results apply at all of our head sample, that's member away from maried people where in fact the spouse try decades forty-five otherwise more youthful which have an oldest youngster decades 0ten.
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