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Inflation and Other Aggregate Determinants of the Trend in U.S. Divorce Rates since the 1960s

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  • John M. Nunley

Abstract

This paper extends empirical research on determinants of divorce in two ways. First, I examine the effect of inflation on divorce. Second, the use of a structural time-series modeling 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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File URL: http://capone.mtsu.edu/berc/working/Nunley-UCM.pdf
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Bibliographic Info

Paper provided by Middle Tennessee State University, Department of Economics and Finance in its series Working Papers with number 200717.

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Date of creation: Sep 2007
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Handle: RePEc:mts:wpaper:200717

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Web page: http://www.mtsu.edu/~berc/working/Economics_Working_Papers.html
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Keywords: divorce; inflation; women’s educational attainment; economic growth; unemployment; structural time series; unobserved component models;

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Blog mentions

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  1. The Relationship Between Inflation and Divorce
    by Ariel Goldring in Free Market Mojo on 2010-09-30 12:00:05
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Cited by:
  1. Daša Adašková, 2014. "Recenzia - Ivančík, Radoslav A Jurčák, Vojtech: Mierové Operácie Vybraných Organizácií Medzinárodného Krízového Manažmentu," Almanach (Actual Issues in World Economics and Politics), Ekonomická univerzita, Fakulta medzinárodných vzťahov, vol. 9(1), pages 123-126.
  2. Tetyana Zubro, 2014. "Vnútropolitické Determinanty Krízovej Situácie Na Ukrajine," Almanach (Actual Issues in World Economics and Politics), Ekonomická univerzita, Fakulta medzinárodných vzťahov, vol. 9(1), pages 73-85.
  3. Lucia Borošová, 2014. "Severný Kaukaz Ako Destabilizujúci Región V Kontexte Vnútornej Bezpečnosti Ruskej Federácie," Almanach (Actual Issues in World Economics and Politics), Ekonomická univerzita, Fakulta medzinárodných vzťahov, vol. 9(1), pages 24-35.
  4. Milan Lukáč, 2014. "Analýza Afrického Ťažobného Priemyslu," Almanach (Actual Issues in World Economics and Politics), Ekonomická univerzita, Fakulta medzinárodných vzťahov, vol. 9(1), pages 86-101.
  5. Emil Souleimanov & Josef Kraus, 2014. "Zahraniční Politika Ázerbajdžánu V Letech 1991-2004," Almanach (Actual Issues in World Economics and Politics), Ekonomická univerzita, Fakulta medzinárodných vzťahov, vol. 9(1), pages 36-61.
  6. Eva Jančíková, 2014. "Vplyv Remitencií Na Rozvoj Ekonomík," Almanach (Actual Issues in World Economics and Politics), Ekonomická univerzita, Fakulta medzinárodných vzťahov, vol. 9(1), pages 5-23.
  7. Miriam Marcen, 2013. "Divorce and the birth control pill," ERSA conference papers ersa13p755, European Regional Science Association.
  8. Seyed Nezamuddin Makiyan & Marjan Habibi, 2014. "Relationship Between Divorce And Some Economic & Socioeconomic Variables In Iran: An Application Of The Ardl Model," Almanach (Actual Issues in World Economics and Politics), Ekonomická univerzita, Fakulta medzinárodných vzťahov, vol. 9(1), pages 62-72.
  9. Marcén, Miriam, 2012. "Divorce and the birth control pill," MPRA Paper 35955, University Library of Munich, Germany.
  10. 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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