I further disaggregate it decomposition to the two symptoms: transform anywhere between 1968 and you can 1990 (committee B) and change between 1990 and 2015 (panel C). In the 1st period, 19681990, changes in pre-delivery correlations make up 58% of boost in spouses’ financial homogamy, and you may changes in post-delivery correlations account for 33%. Regarding the second months, 19902015, changes in article-beginning income correlations make up 103% of the escalation in economic similarity, and you may changes in pre-birth income correlations enjoy no character. Therefore, changes in pre-beginning homogamy contribute dramatically but merely about decades before 1990, whereas changes in blog post-birth homogamy contribute in both periods and give an explanation for majority out-of increases within the economic homogamy immediately after 1990. Changes inside the monetary responses to parenthood turned into tremendously important process of financial homogamy, bolstering support in regards to our assumption one to alterations in this new change to help you parenthood do gamble a critical character in the expanding financial homogamy.
Just how painful and sensitive is actually these types of brings about solution requirement?
Inside even more analyses stated for the Tables A4A10 of your on the web appendix, we have a look at the newest robustness of your results playing with option strategies away from pre- and you can post-birth homogamy.