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Title: For Better or For Worse, But How About a Recession?
Resulting in 1 citation.
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Arkes, Jeremy Shen, Yu-Chu |
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For Better or For Worse, But How About a Recession? Contemporary Economic Policy 32,2 (April 2014): 275-287. Also: http://onlinelibrary.wiley.com/doi/10.1111/coep.12029/abstract Cohort(s): NLSY79 Publisher: Western Economic Association International Keyword(s): Divorce; Economics, Regional; Marital Instability; Modeling, Hazard/Event History/Survival/Duration; Unemployment Rate, Regional In light of the current economic crisis, we estimate hazard models of divorce to determine how state and national unemployment rates affect the likelihood of a divorce or separation. With data in the United States over the 1978–2008 period from the 1979 NLSY, we find some evidence indicating that a higher unemployment rate increases the risk of a marriage ending for couples in years 6–10 of marriage (suggesting counter-cyclical divorce/separation probabilities) but has no significant effect for couples in years 1–5 of marriage and those married longer than 10 years. The estimates are generally stronger in magnitude when using national instead of state unemployment rates and when considering just divorces rather than the first observed divorce or separation. |
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Bibliography Citation
Arkes, Jeremy and Yu-Chu Shen. "For Better or For Worse, But How About a Recession?" Contemporary Economic Policy 32,2 (April 2014): 275-287.
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