BusinessPostCorner.com
No Result
View All Result
Thursday, June 19, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Online dating contributes to income inequality

September 14, 2024
in Business
Reading Time: 2 mins read
A A
0
Online dating contributes to income inequality
ShareShareShareShareShare

Online dating may be partially to blame for an increase in income inequality in the US in recent decades, according to a research paper.

Since the emergence of dating apps that allow people to look for a partner based on criteria including education, Americans have increasingly been marrying someone more like themselves. That accounts for about half of the rise in income inequality among households between 1980 and 2020, researchers from the Federal Reserve Banks of Dallas and St. Louis and Haverford College found. 

Using data from the Census Bureau’s American Community Survey from 2008 to 2021, when online dating quickly became prevalent, the economists found that women became slightly more selective when choosing partners based on age, while men became slightly more selective based on education. 

But when the researchers compared that with data on married couples from 1960 and 1980, they found that people in the recent period increasingly went for partners with the same wage and education levels. And while many people married someone of the same ethnicity, people became less and less selective on race over time.

Who people marry has a major impact on household income. The research shows that the two main contributors to inequality through the selection of a future spouse are education and skills. They are followed, to a much lesser extent, by income and age, while race plays a relatively inconsequential role, co-author Paulina Restrepo-Echavarría, an economic policy advisor at the St. Louis Fed, said in a blog post describing the paper.

Overall, the predominance of online apps to find a future partner has led to a 3-percentage-point increase in the Gini coefficient — a widely used measure of income inequality, the research shows.

“We find that the increase in income inequality over the past half a century is explained to a large extent by sorting on vertical characteristics, such as income and skill, and their interaction with education,” the economists wrote in their paper.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Jamie Dimon is still committed to DEI but says he’s not woke

Next Post

‘My abuser used our joint mortgage against me’

Next Post
‘My abuser used our joint mortgage against me’

'My abuser used our joint mortgage against me'

Investor anxiety over ‘revenge tax’ is overblown, Barclays says

Investor anxiety over ‘revenge tax’ is overblown, Barclays says

June 13, 2025
Vietnam Just Legalized Crypto — Here’s What the New Law Actually Says

Vietnam Just Legalized Crypto — Here’s What the New Law Actually Says

June 16, 2025
Kemi Badenoch calls for end to windfall tax on oil and gas companies

Kemi Badenoch calls for end to windfall tax on oil and gas companies

June 13, 2025
Kimchi Coins Booming on South Korean Stablecoin News – But Experts Urge Caution

Kimchi Coins Booming on South Korean Stablecoin News – But Experts Urge Caution

June 15, 2025
XRP Price Prediction: Down 2.6% This Week – Is a Reversal Brewing for XRP?

XRP Price Prediction: Down 2.6% This Week – Is a Reversal Brewing for XRP?

June 15, 2025
Israel’s secret war inside Iran

Israel’s secret war inside Iran

June 19, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Bitcoin Price Prediction: Ancient Wallets Hoard More BTC Than Miners Can Replace – Supply Shock Coming?

Bitcoin Price Prediction: Ancient Wallets Hoard More BTC Than Miners Can Replace – Supply Shock Coming?

June 19, 2025
Alex Cooper, Barbara Walters documentaries show struggles for women in media

Alex Cooper, Barbara Walters documentaries show struggles for women in media

June 19, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!