))
Betting the House: How Assets Influence Marriage Selection, Marriage Stability, and Child Investments with Corinne Low
Archived series ("iTunes Redirect" status)
Replaced by: Women and Public Policy Program Seminar Series
When?
This feed was archived on December 26, 2017 18:55 (
Why? iTunes Redirect status. The feed contained an iTunes new feed tag.
What now? If you were subscribed to this series when it was replaced, you will now be subscribed to the replacement series. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 191763015 series 1019697
Content provided by Public Policy Program and Harvard Kennedy School. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Public Policy Program and Harvard Kennedy School or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In the past 50 years, marital rates have declined significantly, especially among lower socioeconomic groups. Meanwhile increase in the ease of divorce and improvements in contracting outside of marriage (e.g.,child support laws) have made marriage increasingly similar to cohabitation, except for in the treatment of assets upon divorce. Corinne Low, together with coauthor Jeanne Lafortune, present a case that as the commitment offered by marriage declined, this division of assets offered extra "insurance" to women in high asset unions. This in turn encouraged investment in child human capital, even at the cost of one's own earnings, and allowed marriage to retain its value amongst asset holders particularly homeowners. Meanwhile, the value of marriage eroded for other groups, creating a wealth gap in marriage rates that may underly the apparent income, race, and education gap.
Corinne Low, Assistant Professor of Business Economics and Public Poliy, The Wharton School University of Pennsylvania.
20 episodes
Share
