High-Powered Careers and Marriage: Can Women Have It All?

Abstract

Abstract Why do women often choose family over career? Can't they, like men, have both? At work, women are still under-represented in high-powered professions in most societies. At home, women tend to devote more time to their families than their spouses do. What explains these imbalances? Our model builds upon the fact that women's fertility, unlike men's, declines sharply past age 35. As a result, women may prefer marrying early in order to secure a match rather than investing in their careers while delaying and potentially missing out on marriage. Women's failure to coordinate towards delaying marriage may explain the imbalances within the family and in the labor market.

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