I think it's also worth highlighting the impact increased two-parent labour participation had on family income inequality, which I think had significant downstream impacts on society cohesion (although less so in Aus, because there are fewer poor people/per capita in Aus compared to many other Western countries).
I think it's also worth highlighting the impact increased two-parent labour participation had on family income inequality, which I think had significant downstream impacts on society cohesion (although less so in Aus, because there are fewer poor people/per capita in Aus compared to many other Western countries).
- given the legibility of income/labour status, there is now more assortative mating based on income (compared to other traits sought after in the past)
- if you value homemaking as being equivalent to X salary, then attributing nearly every homemaker with the same "salary" effectively compressed family income inequality by close to half.
Hi Misha,
I think it's also worth highlighting the impact increased two-parent labour participation had on family income inequality, which I think had significant downstream impacts on society cohesion (although less so in Aus, because there are fewer poor people/per capita in Aus compared to many other Western countries).
- given the legibility of income/labour status, there is now more assortative mating based on income (compared to other traits sought after in the past)
- if you value homemaking as being equivalent to X salary, then attributing nearly every homemaker with the same "salary" effectively compressed family income inequality by close to half.
Yes assortative mating an excellent point I should have raised