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Title: The Declining Significance of Parenthood? Effects of Parental Status on Wages for Young Adults Across Generations
Resulting in 1 citation.
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Maroto, Michelle Lee Serafini, Brian |
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The Declining Significance of Parenthood? Effects of Parental Status on Wages for Young Adults Across Generations Presented: Chicago IL, Population Association of America Annual Meeting, April 2017 Cohort(s): NLSY79, NLSY97 Publisher: Population Association of America Keyword(s): Earnings; Fatherhood; Motherhood; Mothers, Income; Parenthood; Wage Penalty/Career Penalty Permission to reprint the abstract has not been received from the publisher. Although many studies demonstrate motherhood penalties and fatherhood premiums, most rely on data from older cohorts of workers, and questions remain as to whether parenthood still leads to the same earnings disparities for millennial workers as it has for the baby boomer cohort. To answer these questions, this paper presents results from cross-cohort analyses of NLSY 1979 and 1997 data that compare family earnings disparities among young workers. We combine modeling strategies to highlight trends across cohorts, tease out composition and "price" effects, and account for selection factors. We find that, while parenthood continues to pattern the earnings of younger-aged workers, the nature of these effects has changed over time. The motherhood penalty has declined, largely because mothers increased their work hours and work experience, but the fatherhood premium remains unchanged. Finally, we conclude that different selection processes into parenthood likely play a role in its changing effects on earnings. |
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Bibliography Citation
Maroto, Michelle Lee and Brian Serafini. "The Declining Significance of Parenthood? Effects of Parental Status on Wages for Young Adults Across Generations." Presented: Chicago IL, Population Association of America Annual Meeting, April 2017. |