Earnings, Marriage, and the Variance of Family Income by Age, Gender, and Cohort

A-Tier
Journal: Journal of Labor Economics
Year: 2025
Volume: 43
Issue: S1
Pages: S7 - S54

Authors (4)

Joseph G. Altonji (not in RePEc) Daniel Giraldo-Páez (not in RePEc) Disa Hynsjö (not in RePEc) Ivan Vidangos (not in RePEc)

Score contribution per author:

1.005 = (α=2.01 / 4 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

For birth cohorts 1935–44, 1945–62, and 1964–74, we estimate the contribution of education; permanent heterogeneity in wage rates, employment, and hours; labor market shocks; spouse characteristics and shocks; nonlabor income shocks; and marital histories to the age profiles of the variance of family income per adult equivalent. Education and employment heterogeneity are key sources of the rise in variance with age and across cohorts. Wage heterogeneity is important at all ages. Own characteristics and shocks matter more for men than women, while spouse characteristics and shocks matter more for women. Gender differences have declined across cohorts.

Technical Details

RePEc Handle
repec:ucp:jlabec:doi:10.1086/734390
Journal Field
Labor
Author Count
4
Added to Database
2026-02-02