New_articles.edited.docx Sociology Name: Institution Affiliation Course: Professors Name: Date: Leonce, T. E. (2020). The inevitable rise in dual-income households and the intertemporal effects on labour markets
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New_articles.edited.docx Sociology Name: Institution Affiliation Course: Professors Name: Date: Leonce, T. E. (2020). The inevitable rise in dual-income households and the intertemporal effects on labour markets. Compensation & Benefits Review, 52(2), 64-76. Summarize the research questions and conclusions of the two articles. This article or rather the author looks to answer the question of whether the decision by families to become a œtwo-income household is basically due to the idea that most families want to maintain a given standard of living which is often hampered by a host of factors such as inflation pressures in the economy. In a nutshell, the article aims at giving the reasons why many household resorts to dual-income as opposed to the previous solo income system. It is of great importance to note that the number of dual-income households has surged over the past few years, and the ever-growing number of dual-income households is inevitable since most households are pressed beyond their limits by their desires to maintain a minimum threshold standard of living. The desire to maintain this threshold living is influenced by a number of factors categorized as follows; One is the inflationary pressures such as rising child costs as well as the rising house prices, which prompts most households to engage in dual-income. However, the rise in dual-household earners results in a substantial opportunity cost that affects both the labor market and the household as well. For the househo. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .. .. . . . . . . . . . . . . . . . . . .. . . . .
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