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Title: Marital Biography and Women's Wealth
Resulting in 1 citation.
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Frech, Adrianne Painter, Matthew A. Vespa, Jonathan Edward |
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Marital Biography and Women's Wealth Presented: Washington DC, Population Association of America Annual Meeting, March-April 2016 Cohort(s): NLSY79 Publisher: Population Association of America Keyword(s): Divorce; Marital History/Transitions; Remarriage; Wealth Permission to reprint the abstract has not been received from the publisher. Marriage is wealth-enhancing and divorce is wealth depleting. But unequal selection into divorce or remarriage complicates any causal associations between marital biography and wealth. We use over twenty years of data from the NLSY79 to estimate wealth by marital biography among ever-married mothers, adjusting for unequal selection into divorce or remarriage. Women who remained stably married to the biological father of their firstborn child reported greater wealth in their forties than women who divorced and did not remarry. Women who married at younger ages, women of color, and women from lower-income families were less likely to remain stably married. But net of selection, remarriage did not carry a wealth penalty: women who remarried and remained married at age forty did not report less wealth than stably married women, demonstrating that a single divorce is not necessarily wealth depleting at midlife. |
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Bibliography Citation
Frech, Adrianne, Matthew A. Painter and Jonathan Edward Vespa. "Marital Biography and Women's Wealth." Presented: Washington DC, Population Association of America Annual Meeting, March-April 2016. |