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- W2913953733 abstract "Using the March Current Population Survey, I show that over the last two decades, married households in the United States received increasingly more public insurance against labor income risk, whereas the opposite was true for single households. To evaluate the welfare consequences of this trend, I perform a quantitative analysis. As a novel contribution, I expand the standard incomplete markets model a la Aiyagari (1994) to include two groups of households: married and single. The model allows for changes in the marital status of households and accounts for transition dynamics between steady states. I show that the divergent trends in public insurance have a significant detrimental effect on the welfare of both married and single households." @default.
- W2913953733 created "2019-02-21" @default.
- W2913953733 creator A5071011536 @default.
- W2913953733 date "2018-01-01" @default.
- W2913953733 modified "2023-09-27" @default.
- W2913953733 title "Public insurance of married versus single households in the US: trends and welfare consequences" @default.
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- W2913953733 hasPublicationYear "2018" @default.
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