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Cohort Differences and the Marriage Premium: Emergence of Gender‐Neutral Household Specialization Effects
Author(s) -
Budig Michelle J.,
Lim Misun
Publication year - 2016
Publication title -
journal of marriage and family
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.578
H-Index - 159
eISSN - 1741-3737
pISSN - 0022-2445
DOI - 10.1111/jomf.12326
Subject(s) - national longitudinal surveys , disadvantage , cohort , demographic economics , nonmarket forces , longitudinal study , survey data collection , longitudinal data , educational attainment , marriage market , panel data , economics , demography , labour economics , sociology , political science , economic growth , medicine , market economy , statistics , mathematics , pathology , factor market , law , econometrics
Using fixed‐effects models and National Longitudinal Survey of Youth 1979 and National Longitudinal Survey of Youth 1997 data, we compared cohort, gender, and household specialization differences in the marriage premium. Do these premiums (a) persist among millennials, (b) reflect changing selection into marriage across cohorts, and (c) differ by the gender division of spousal work hours? Despite declining gender‐traditional household specialization, the millennial cohort garnered larger marriage premiums for women and men. Positive selection explained millenial women's marriage premiums, but less of men's. Household specialization mattered only among millennials, where it is gender neutral: Male and female breadwinners earned significantly larger marriage premiums, whereas husbands and wives specializing in nonmarket work earned no premium, or even penalties, when employed. Results show increasing disadvantage among breadwinner households, with dual earners most advantaged among millennials.