Replication Data for: Has the Increased Attachment of Women to the Labor Market Changed a Family’s Ability to Smooth Income Shocks
Principal Investigator(s): View help for Principal Investigator(s) Olga Gorbachev, University of Delaware
Version: View help for Version V2
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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. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2024-11-08. https://doi.org/10.3886/E210582V2
Project Description
Summary:
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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:
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PSID
Geographic Coverage:
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United States
Time Period(s):
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1967 – 2010
Data Type(s):
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observational data;
survey data
Methodology
Data Source:
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PSID
Unit(s) of Observation:
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households
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