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We present new findings about the relationship between marriage and socioeconomic background in the United States in … socioeconomic gradient for women in the probability of marriage and the socioeconomic status of husbands. This socioeconomic … marriage, and almost all of the increase in marital sorting. Differences in urbanization rates and the share of foreign …
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Comparisons of individual life expectancies over time and across demographic groups provide information for individuals making retirement decisions and for policy makers. For couples, analogous measures are the expected years both spouses will be alive (joint life expectancy) and the expected...
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While the savings of retired singles tend to fall with age, those of retired couples tend to rise. We estimate a rich model of retired singles and couples with bequest motives and uncertain longevity and medical expenses. Our estimates imply that while medical expenses are an important driver of...
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