The newest drivers of growing financial homogamy are markedly some other about basic and you may next symptoms
We further disaggregate this decomposition to your one or two periods: changes anywhere between 1968 and you will 1990 (committee B) and alter ranging from 1990 and 2015 (committee C). In the first months, 19681990, alterations in pre-delivery correlations be the cause of 58% of one’s escalation in spouses’ monetary homogamy, and you may alterations in post-beginning correlations be the cause of 33%. About second several months, 19902015, alterations in article-delivery earnings correlations take into account 103% of your increase in monetary resemblance, and you can alterations in pre-beginning money correlations play zero character. Therefore, changes in pre-birth homogamy lead dramatically however, just regarding ages in advance of 1990, whereas changes in post-birth homogamy contribute in episodes and explain the majority out-of develops within the monetary homogamy after 1990. Changes inside financial solutions so you can parenthood turned into an extremely important procedure from financial homogamy, bolstering service in regards to our assumption one changes in the fresh changeover to help you parenthood do enjoy a critical role into the growing economic homogamy.