To assess such ideas, i check just how nearest and dearest changes possess designed spouses’ earnings associations and you can aggregate-level inequality, with a specific focus on parenthood once the a key turning area inside the spouses’ financial trajectories. Basic, i decompose changes in overall income connectivity with the changes on account of shifts when you look at the money contacts pre and post the changeover to help you parenthood. Second, i disaggregate changes in pre-beginning money resemblance to examine brand new the total amount to which these could be explained by complimentary in the course of relationship (assortative mating) and you can alterations in men’s and you will ladies’ financial choices adopting the wedding but prior to parenthood. (more…)