The gender education gap has undergone a transition in the post-war period, from favoring men to favoring women. As a consequence, in 30% of young American couples, the wife is more educated than the husband. These \married down" women display substantially higher employment rates, relative to...

In 30% of young American couples the wife is more educated than the husband. Those women are characterized by a substantially higher employment (all else equal), which in turn amplifies income inequality across couples. Using NLSY79, we formulate and structurally estimate a dynamic life-cycle...