The newest motorists from growing financial homogamy is significantly additional throughout the basic and you can second episodes
We then disaggregate this decomposition toward a few episodes: change anywhere between 1968 and you can 1990 (panel B) and alter anywhere between 1990 and you will 2015 (panel C). In the first months, 19681990, changes in pre-beginning correlations make up 58% of one’s increase in spouses’ monetary homogamy, and you may changes in blog post-delivery correlations be the cause of 33%. In the 2nd several months, 19902015, changes in blog post-beginning income correlations account fully for 103% of the increase in monetary similarity, and alterations in pre-delivery income correlations gamble no character. For this reason, changes in pre-beginning homogamy lead significantly however, merely on the age in advance of 1990, while changes in blog post-beginning homogamy contribute in both symptoms and give an explanation for most regarding grows in monetary homogamy after 1990. (more…)