New correlation try a useful conclusion size which may be effortlessly included in our analysis out-of inequality
To measure monetary homogamy, we use spouses’ annual income as well as the relationship coefficient because the a way of measuring the fresh new connection ranging from spouses’ income. Most other steps out of association away from journal-linear models inform you trend like those individuals displayed here (look for online appendix, Profile A1). Annual income are adjusted getting inflation so you can 2012 cash utilizing the individual price index (CPI-U) (Crawford and you can Church 2014) and you can finest coded constantly across the every many years to stop steps from inequality and you may homogamy struggling with changes in surveys’ greatest-programming plans. Following the Burkhauser et al. (2004), we demand a top code equal to maximum part of the newest husband-spouse attempt with ideal-coded money from the February CPS within the annually; a total of 3% off husbands got the income better coded, while
in which roentgen is the relationship between spouses’ income, t try season, we is the time as the basic beginning in many years, and you may w ‘s the proportion from people during the go out we within the year t. Continue reading “New correlation try a useful conclusion size which may be effortlessly included in our analysis out-of inequality” »