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Title: Cohort Differences and the Marriage Premium: Emergence of Gender-Neutral Household Specialization Effects
Resulting in 1 citation.
1. Budig, Michelle Jean
Lim, Misun
Cohort Differences and the Marriage Premium: Emergence of Gender-Neutral Household Specialization Effects
Presented: Washington DC, Population Association of America Annual Meeting, March-April 2016
Cohort(s): NLSY79, NLSY97
Publisher: Population Association of America
Keyword(s): Earnings, Husbands; Earnings, Wives; Gender Differences; Marriage; Modeling, Fixed Effects; Wage Differentials

Permission to reprint the abstract has not been received from the publisher.

Past research finds marriage premiums for men, occasionally women, attributable to Becker's theory of household specialization. We ask, do these premiums 1) persist among the millennial cohort of workers, 2) reflect changing selection into marriage across cohorts, and 3) differ by the gender division of spousal work hours? Using fixed-effects models and NLSY79 and NLSY97 data, we compare cohort, gender, and household specialization differences in the marriage premium. Despite declining gender-traditional household specialization, the millennial cohort reveals larger marriage premiums, for both women and men. While positive selection on unobserved factors explains less of the marriage premium among millennial men, it fully explains millennial women's marriage premium, relative to baby boomers. Household specialization matters only among millennials, where it is gender neutral: both male and female breadwinners earn significantly larger marriage premiums, while husbands and wives specializing in nonmarket work earn no premium, or even a marriage penalty, when employed.

Also presented at Seattle WA, American Sociological Association Annual Meeting, August 2016.

Bibliography Citation
Budig, Michelle Jean and Misun Lim. "Cohort Differences and the Marriage Premium: Emergence of Gender-Neutral Household Specialization Effects." Presented: Washington DC, Population Association of America Annual Meeting, March-April 2016.