Abstract
The paper investigates the importance of income in young Americans' decisions to form and dissolve households. Using data on young American men and women from the NLSY, an important role for income in both these transitions is found. There are significant differences between young men and women. High earnings capacity increases the probability of marriage and decreases the probability of divorce for young men. High earnings capacity decreases the probability of marriage for young women, and has no impact on divorce.
Original language | English |
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Pages (from-to) | 455-475 |
Number of pages | 21 |
Journal | Journal of Population Economics |
Volume | 16 |
Issue number | 3 |
DOIs | |
Publication status | Published - Aug 2003 |
Externally published | Yes |
Keywords
- Divorce
- Income effects
- Marriage