Online dating has an unexpected impact on wealth gaps, finds a research paper
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From the heart to the ropes, online dating has changed the way we think about love and culture, but what if it changes the way we think about money?
A recent paper from researchers at the Federal Reserve Banks of Dallas and St. Louis and Haverford College found that online dating may have contributed to rising income inequality in the US in recent decades as an increasing number of people swipe left on potential mates. they do not meet their criteria in the selected areas.
“Since the advent of dating apps that allow people to search for a partner based on criteria including education, Americans are increasingly marrying someone who looks like themselves. That accounts for nearly half of the increase in income inequality between families between 1980 and 2020,” researchers found, according to a report from Bloomberg .
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Researchers extracted data from 2008 to 2021 using the Census Bureau’s American Community Survey to examine changes in how men and women choose potential partners in the age of online dating.
According to a Bloomberg report, the researchers found that women were more selective by age while men were more selective by education.
“But when the researchers compared that with data on married couples from the 1960s and 1980s, they found that people in recent times are increasingly finding partners with similar income and education levels. And while more people are marrying someone of the same race, people are becoming less racially selective over time.” ,” the article continued.
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Online dating has changed the way the world thinks about relationships and, according to a new study, even what household income looks like. (iStock / Stock)
As people with similar incomes continue to marry, it is not uncommon for families to have one low-income earner and one high-income earner instead.
Paulina Restrepo-Echavarría, economic policy advisor at the Federal Reserve Bank of St. “”how people choose (choose) when looking for a partner” and “how income inequality is affected by the level of people’s choice,” to name a few.
The data showed that online dating increased the Gini Coefficient – a popular measure used to assess income inequality – by three percent, the report said.
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“We find that concomitant changes in partner preferences and increased diversity in skills and education over this period account for nearly half of income inequality within families,” the researchers said in part.
They added in the conclusion, “We find that the increase in income inequality over the past half century is largely explained by filtering by specific factors, such as income and skill, and their association with education.”
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