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Title: Long-Term and Short-Term Economic Resources and Marriage Formation: An Insight into Black-White Differences in Marriage Formation among Cohabitors
Resulting in 1 citation.
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Kuo, Janet |
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Long-Term and Short-Term Economic Resources and Marriage Formation: An Insight into Black-White Differences in Marriage Formation among Cohabitors Presented: Boston MA, Population Association of America Annual Meeting, May 2014 Cohort(s): NLSY97 Publisher: Population Association of America Keyword(s): Cohabitation; Education; Marriage; Net Worth; Racial Differences; Wealth Permission to reprint the abstract has not been received from the publisher. Using male data from the National Longitudinal Survey of Youth 1997 (NLSY 97), we consider wealth accumulation (i.e., net worth) as one of important components of long-term economic prospects that may facilitate the formation of marriage among cohabitors, net of other relatively short-term economic prospects (i.e., earnings and employment status). Additionally, given the black-white disparity in access to wealth, our thesis is that taking into account wealth accumulation will help us further explain black-white differences in marriage formation among cohabitors.Our preliminary results suggest that long-term economic resources—wealth—is particularly central in marriage formation for cohabitors, whereas short-term economic resources--earnings and employment status are key to remaining cohabiting, relative to dissolution. Education, as a proxy for long-term economic prospect too, is significantly associated with increased risk of marriage and decreased risk of separation. Overall, the inclusion of measures for both short-term and long-term economic prospects helps explain the black-white difference in marriage formation substantially. |
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Bibliography Citation
Kuo, Janet. "Long-Term and Short-Term Economic Resources and Marriage Formation: An Insight into Black-White Differences in Marriage Formation among Cohabitors." Presented: Boston MA, Population Association of America Annual Meeting, May 2014. |