Inflation and Other Aggregate Determinants of the Trend in U.S. Divorce Rates since the 1960s
AbstractThis 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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Bibliographic InfoPaper provided by Middle Tennessee State University, Department of Economics and Finance in its series Working Papers with number 200717.
Date of creation: Sep 2007
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Web page: http://www.mtsu.edu/~berc/working/Economics_Working_Papers.html
More information through EDIRC
divorce; inflation; women’s educational attainment; economic growth; unemployment; structural time series; unobserved component models;
Other versions of this item:
- J. M. Nunley, 2010. "Inflation and other aggregate determinants of the trend in US divorce rates since the 1960s," Applied Economics, Taylor & Francis Journals, vol. 42(26), pages 3367-3381.
- 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
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-09-09 (All new papers)
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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
- 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.
- Marcén, Miriam, 2012. "Divorce and the birth control pill," MPRA Paper 35955, University Library of Munich, Germany.
- Miriam Marcen, 2013. "Divorce and the birth control pill," ERSA conference papers ersa13p755, European Regional Science Association.
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