Differences

This shows you the differences between two versions of the page.

Link to this comparison view

Both sides previous revision Previous revision
Next revision
Previous revision
effects_of_marriage_on_financial_stability [2017/05/23 12:54]
marri
effects_of_marriage_on_financial_stability [2017/10/19 08:16] (current)
marri
Line 1: Line 1:
 ==========Effects of Marriage on Financial Stability========== ==========Effects of Marriage on Financial Stability==========
 +
 +Marriage is an important milestone in securing long-term financial stability. On average, entering marriage improves a man’s wages by 27 percent.((Antonovics,​ Kate, and Robert Town, "Are All the Good Men Married? Uncovering the Sources of the Marital Wage Premium,"​ //The American Economic Review// 94, no. 2 (2004): 317-321.)) According to Dr. Brad Wilcox of the University of Virginia and Dr. Wendy Wang, 97 percent of young adults who follow the “success sequence”—obtain at least a high school degree, get a job, marry, and have children, in that order—avoid poverty.((Wang,​ Wendy and W. Bradford Wilcox, "The Millennial Success Sequence: Marriage, Kids, and the '​Success Sequence'​ among Young Adults",​ American Enterprise Institute and Institute of Family Studies (June 2017), available at [[http://​www.aei.org/​wp-content/​uploads/​2017/​06/​IFS-MillennialSuccessSequence-Final.pdf]].)) The success sequence holds true for racial/ ethnic minorities, and for those from low-income families.((Wang,​ Wendy and W. Bradford Wilcox, "The Millennial Success Sequence: Marriage, Kids, and the '​Success Sequence'​ among Young Adults",​ American Enterprise Institute and Institute of Family Studies (June 2017), available at [[http://​www.aei.org/​wp-content/​uploads/​2017/​06/​IFS-MillennialSuccessSequence-Final.pdf]].)) Promoting marriage is an efficacious means of improving the financial security of American families. ​
  
 =====1. Income===== =====1. Income=====
Line 56: Line 58:
 \\ Timothy J. Biblarz and Adrian E. Raftery, “The Effects of Family Disruption on Social Mobility,​” //American Sociological Review// 58, no. 1 (February 1993): 105.)) ​ \\ Timothy J. Biblarz and Adrian E. Raftery, “The Effects of Family Disruption on Social Mobility,​” //American Sociological Review// 58, no. 1 (February 1993): 105.)) ​
  
-Fifty-four percent of children born to always-married mothers whose earnings are in the top third of the income distribution will themselves (as adults) earn incomes in the top third of the income distribution. Half of children born to always-married mothers who earn incomes in the bottom third of the income distribution will themselves earn an income within that income bracket. Fifteen percent will earn an income in top third of the income distribution as adults.((Thomas DeLeire and Leonard M. Lopoo, //Family Structure and the Economic Mobility of Children, Economic Mobility Project//, (2010). Available from [[http://​www.economicmobility.org/​assets/​pdfs/​Family_Structure.pdf]],​ Accessed on 14 March 2011, 11.)) Patrick Fagan Nicholas Zill have shown that family intactness has a significant effect of a range of child outcomes ((Patrick Fagan and Nicholas Zill, "Index of Family Belonging and Rejection: State by State,"​ The Marriage and Religion Research Institute (2015) available at [[http://​marri.us/​research/​research-papers/​index-of-belonging-and-rejection-state-by-state/​]].+Fifty-four percent of children born to always-married mothers whose earnings are in the top third of the income distribution will themselves (as adults) earn incomes in the top third of the income distribution. Half of children born to always-married mothers who earn incomes in the bottom third of the income distribution will themselves earn an income within that income bracket. Fifteen percent will earn an income in top third of the income distribution as adults.((Thomas DeLeire and Leonard M. Lopoo, //Family Structure and the Economic Mobility of Children, Economic Mobility Project//, (2010). Available from [[http://​www.economicmobility.org/​assets/​pdfs/​Family_Structure.pdf]],​ Accessed on 14 March 2011, 11.)) Patrick Fagan and Nicholas Zill have shown that family intactness has a significant effect of a range of child outcomes ((Patrick Fagan and Nicholas Zill, "Index of Family Belonging and Rejection: State by State,"​ The Marriage and Religion Research Institute (2015) available at [[http://​marri.us/​research/​research-papers/​index-of-belonging-and-rejection-state-by-state/​]].
 \\ \\
 \\ \\