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- Title
'For Richer, For Poorer': Assortative Mating and Savings Preferences.
- Authors
Arrondel, Luc; Frémeaux, Nicolas
- Abstract
Do couples share the same values? The social sciences have mainly concentrated on comparing the socioeconomic characteristics of spouses, but rarely consider their attitudes to risk and time. In this paper, we use conventional measurements and an original method of scoring. We find that spouses are very similar in their savings preferences, even when we control for the individual characteristics. Our results suggest that most of this relationship comes from marital sorting. These conclusions are decisive in explaining the decision process within households and its implications for wealth inequalities between households since homogamy causes a divide in the population.
- Subjects
MARRIED people's attitudes; MATE selection; HOMOGAMY; MAN-woman relationships; SAVINGS
- Publication
Economica, 2016, Vol 83, Issue 331, p518
- ISSN
0013-0427
- Publication type
Article
- DOI
10.1111/ecca.12176