Earnings, Marriage, and the Variance of Family Income by Age, Gender, and Cohort

Joseph G. Altonji et al.

Journal of Labor Economics2025https://doi.org/10.1086/734390article
AJG 4ABDC A*
Weight
0.37

What the paper says

For birth cohorts 1935–44, 1945–62, and 1964–74, we estimate the contribution of education; permanent heterogeneity in wage rates, employment, and hours; labor market shocks; spouse characteristics and shocks; nonlabor income shocks; and marital histories to the age profiles of the variance of family income per adult equivalent. Education and employment heterogeneity are key sources of the rise in variance with age and across cohorts. Wage heterogeneity is important at all ages. Own characteristics and shocks matter more for men than women, while spouse characteristics and shocks matter more for women. Gender differences have declined across cohorts.

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https://doi.org/https://doi.org/10.1086/734390

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@article{joseph2025,
  title        = {{Earnings, Marriage, and the Variance of Family Income by Age, Gender, and Cohort}},
  author       = {Joseph G. Altonji et al.},
  journal      = {Journal of Labor Economics},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1086/734390},
}

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Evidence weight

0.37

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.16 × 0.4 = 0.06
M · momentum0.53 × 0.15 = 0.08
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

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