“Men now are increasingly likely to marry wives with more education and income than they have, and the reverse is true for women,” said Paul Fucito, spokesman for the Pew Center. “In recent decades, with the rise of well-paid working wives, the economic gains of marriage have been a greater benefit for men.”without any mention of non-pecuniary gains from marriage (specifically, in terms of housework and raising children), it is impossible to understand who gains the most from marriage. For example, the figure below displays two levels of happiness (U1 and U2) that a couple can achieve (click to enlarge).
Friday, January 22, 2010
More Men Marrying Wealthier Women
The New York Times article "More Men Marrying Wealthier Women" (January 18th, 2010) separates two inextricably linked boons associated with marriage: pecuniary and non-pecuniary gains. In particular, the article notes,