Title
Working Wives And Dualearner Families
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This book analyzes the effects of wives' employment on the economic status of families, using both descriptive and empirical research. The historical and socioeconomic causes of change in the employment status of wives and husbands are detailed. The empirical studies respond to some basic questions about dualearner families: How does having an employed wife influence family lifestyles? What effects do dualearners have on the finances of their households and on the distribution of income? What policy changes are needed to recognize the economic importance of dualearner families?In Working Wives and DualEarner Families, oneearner and dualearner families are differentiated, with particular attention to the impact of wives' employment status (fulltime or parttime) on household decision making. Among the most interesting research findings are: total family income or tax bracket and the cost of child care are among the critical determinants of dualearner employment; marriedcouple families at the same level of income have very similar expenditure patterns regardless of whether the wife is employed; fulltime working wives make the distribution of income less equal, but parttime working wives generate greater equality in the distribution of income; families with fulltime working wives have higher income, but they do not save more or have greater financial assets than other families; families with parttime employed wives are similar to those with nonemployed wives and differ from families with fulltime employed wives. The authors conclude that the real incomes of dualearner families will continue to grow, as oneearner real income remains the same or declines. Household planning and decision making will increasingly be predicated upon having two earners, which will be perceived as the norm. Dualearner families, based on amenities, mobility, growing families, and demands for public goods, will drive private markets and public policy.
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