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Marriage, Working Spouses, and Male Wage Volatilityopen access
- Authors
- You, Hye Mi
- Issue Date
- 2018
- Publisher
- KOREAN ECONOMIC ASSOCIATION
- Keywords
- Wage Volatility; Marital Status; Working Spouse
- Citation
- KOREAN ECONOMIC REVIEW, v.34, no.1, pp.101 - 115
- Indexed
- SSCI
KCI
- Journal Title
- KOREAN ECONOMIC REVIEW
- Volume
- 34
- Number
- 1
- Start Page
- 101
- End Page
- 115
- ISSN
- 0254-3737
- Abstract
- This paper examines whether the recent increase in male wage volatility varies by marital status and spousal work status. Using the Panel Study of Income Dynamics (PSID), we estimate separately a standard residual wage process for all men, married men, and married men with a working spouse over the 1967-2010 period. We find that all three groups of men shared similar trends in the variances of both persistent and transitory wage shocks. Married men, including those with a working wife, experienced a smaller increase in their wage volatility compared to all men, yet the differences between the two groups are small.
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Related Researcher
- You, Hye Mi
- COLLEGE OF ECONOMICS AND FINANCE (SCHOOL OF ECONOMICS & FINANCE)