Inflation and other aggregate determinants of the trend in US divorce rates since the 1960s
AbstractThis article extends empirical research on the determinants of divorce in two ways. First, I examine the effect of inflation on divorce. Second, the use of a structural time-series modelling approach attributes unobservables and omitted variables to an unobserved component, which allows for the model's parameters to be estimated consistently. Inflation is statistically significant, positive and persistent. I show that the effects of inflation are robust to the inclusion of additional explanatory variables and various trend specifications. The long-run implications of inflation are also substantial. I conclude that price stability has the potential to reduce divorce rates.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics.
Volume (Year): 42 (2010)
Issue (Month): 26 ()
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Web page: http://www.tandfonline.com/RAEC20
Other versions of this item:
- John M. Nunley, 2007. "Inflation and Other Aggregate Determinants of the Trend in U.S. Divorce Rates since the 1960s," Working Papers 200717, Middle Tennessee State University, Department of Economics and Finance.
- J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
- J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- The Relationship Between Inflation and Divorce
by Ariel Goldring in Free Market Mojo on 2010-09-30 12:00:05
- Marcén, Miriam, 2012. "Divorce and the birth control pill," MPRA Paper 35955, University Library of Munich, Germany.
- González-Val, Rafael & Marcén, Miriam, 2012. "Unilateral divorce versus child custody and child support in the U.S," Journal of Economic Behavior & Organization, Elsevier, vol. 81(2), pages 613-643.
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