lecture6_Sept21_slides (1)

lecture6_Sept21_slides (1) - Family Composition,...

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Family Composition,  Family Composition,  Demographics, and Education Demographics, and Education (Continued) (Continued) 1
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Assortative Mating Assortative Mating Changes over time in both  how many  people marry  and  who  people marry Increase in individuals marrying others with similar  education and incomes Highly educated men marry highly educated women As females enter the labor market, this results in high  income men being married to high income women Why does this impact poverty rates? 2
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Assortative Mating - example Assortative Mating - example 3 Own Income Family Income Poor? John 7,000 27,000 No Susan 20,000 27,000 No Mark 22,000 28,000 No Mary 6,000 28,000 No No assortative mating: Individuals marry dissimilar individuals Poverty Rate: 0% John and Mary are both  pulled out of poverty by  high-earning spouses Assortative mating: Individuals marry similar individuals Poverty Rate: 50% John and Mary both remain  in poverty after marriage  because their combined  income is still low
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Teenage Childbirth Teenage Childbirth Teen mothers and their children are more  disadvantaged: MOMS: Lower education levels, higher poverty, more  likely to be a single parent KIDS: Lower cognitive and language skills
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This note was uploaded on 02/03/2012 for the course ECON 375 taught by Professor Staff during the Fall '10 term at Maryland.

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lecture6_Sept21_slides (1) - Family Composition,...

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