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For richer, if not for poorer? Marriage and divorce over the business cycle
Abstract Despite anecdotal evidence that recessions affect marriage and divorce rates, researchers do not agree about the direction and magnitude of the relationship. This paper reexamines the effect of business cycles on flows into and out of marriage, finding that increased unemployment rates are associated with reductions in both outcomes. The results are robust to the use of alternative measures of economic conditions, hold for both blacks and whites, and are concentrated among working-age individuals. Lag specifications and impulse response functions suggest that the effect of an unemployment shock on marriage is permanent, while the effect on divorce is temporary.
For richer, if not for poorer? Marriage and divorce over the business cycle
Abstract Despite anecdotal evidence that recessions affect marriage and divorce rates, researchers do not agree about the direction and magnitude of the relationship. This paper reexamines the effect of business cycles on flows into and out of marriage, finding that increased unemployment rates are associated with reductions in both outcomes. The results are robust to the use of alternative measures of economic conditions, hold for both blacks and whites, and are concentrated among working-age individuals. Lag specifications and impulse response functions suggest that the effect of an unemployment shock on marriage is permanent, while the effect on divorce is temporary.
For richer, if not for poorer? Marriage and divorce over the business cycle
Schaller, Jessamyn (author)
2012
Article (Journal)
Electronic Resource
English
RVK:
ELIB39
/
ELIB45
Local classification FBW:
oek 2608
BKL:
74.80
Demographie
/
83.31$jWirtschaftswachstum
/
74.80$jDemographie$XGeographie
/
83.31
Wirtschaftswachstum
For richer, if not for poorer? Marriage and divorce over the business cycle
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