Faculty Notes

Tara Watson: Research Looks at Income/Marriage

Low-income Americans are less likely to be married.  Recent research by Assistant Professor of Economics Tara Watson suggests that low-income people wait on marriage while striving for higher economic status, with that status determined by the peer group.  “Nevertheless, the analysis indicates that half of the marriage gap between high- and low-income men is determined by relative – rather than absolute – income.  Low-income couples, even some who live together and have children, defer marriage until they can catch up with the Joneses.” Read the full article here.