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Project Citation: 

Gorbachev, Olga. Replication data for: Has the Increased Attachment of Women to the Labor Market Changed a Family’s Ability to Smooth Income Shocks? Nashville, TN: American Economic Association [publisher], 2024. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2024-11-08. https://doi.org/10.3886/E116316V2

Project Description

Summary:  View help for Summary An increase in a married woman's attachment to the labor market affected her family's ability to smooth unexpected income shocks. Between 1970 and 1990, the sharp rise in labor market attachment provided an increasingly important channel for smoothing shocks to spousal income. As the participation rate stabilized, this contribution to smoothing evened out. In the Great Recession, both spouses received negative income shocks, and access to transfer income became the main insurance mechanism. Volatility of consumption followed volatility of family income trends but at a lower magnitude. Families' ability to weather income shocks didn't change during the 1970-2010 period.

Scope of Project

Subject Terms:  View help for Subject Terms regression analysis; matching
JEL Classification:  View help for JEL Classification
      D14 Household Saving; Personal Finance
      E32 Business Fluctuations; Cycles
      J12 Marriage; Marital Dissolution; Family Structure; Domestic Abuse
      J16 Economics of Gender; Non-labor Discrimination
      J22 Time Allocation and Labor Supply
Geographic Coverage:  View help for Geographic Coverage United States
Time Period(s):  View help for Time Period(s) 1967 – 2010
Data Type(s):  View help for Data Type(s) survey data; observational data

Methodology

Data Source:  View help for Data Source PSID
Unit(s) of Observation:  View help for Unit(s) of Observation households and individuals,

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