Both the extra education and marriage result in higher income levels. Higher education leads to higher odds of marriage as an adult.

Growing up with both parents increases the odds of attaining higher education.

Plus, both men and women enjoy substantially higher family incomes compared to peers with otherwise similar characteristics.

Men obtain a substantial “marriage premium” and women bear no marriage penalty to their individual incomes.

Young men and women from intact families enjoy an annual “intact family premium.” The premium amounts to $6,500 and $4,700, respectively, over the incomes of their peers from single-parent families.

Strong associations exist between growing up with both parents in an intact family and higher levels of education, work and income.

The median income of families with children would be approximately 44% higher if the United States enjoyed 1980-levels of married parenthood today.

The retreat from marriage is key to the changing economic fortunes of American family life.

Five significant findings emerged from this study about the relationships between family patterns and economic well-being in America: They concluded that marriage is key to productive adulthood, stable families and healthy communities. Brad Wilcox, senior fellow at the Institute for Family Studies and Robert Lerman, professor of economics at American University, conducted the research. For Richer, For Poorer: How Family Structures Economic Success in America examined how family structure impacts the economic fortunes of American families. View the article PDF and any associated supplements and figures for a period of 48 hours.ĭoes marriage matter? People have been asking this question for decades. For Richer, for Poorer: Money as a Topic of Marital Conflict in the Home. All the latest evidence confirms the ancient wisdom.

For Richer For Poorer Pdf Free Download Freeįor Richer, For Poorer: How Family Structures Economic Success in America 5 Preface Here’s a newsflash-marriage matters.

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