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Adventures in stocks, losses in love: The effect of stock market risk-taking on divorce

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  • Yang, Jinyu
  • Dong, Dayong
  • Liang, Chao

Abstract

We examine whether and how risk-taking in the stock market affects future divorce rates. Using Chinese stock trading data and provincial divorce data, we find that risk-taking in the stock market significantly increases future divorce rates. Further analysis concludes that risk-taking positively affects future divorce rates by increasing wealth shocks. Our findings suggest that economic-financial activities have a large impact on real-world issues.

Suggested Citation

  • Yang, Jinyu & Dong, Dayong & Liang, Chao, 2025. "Adventures in stocks, losses in love: The effect of stock market risk-taking on divorce," Finance Research Letters, Elsevier, vol. 72(C).
    • Handle: RePEc:eee:finlet:v:72:y:2025:i:c:s1544612324015794
    DOI: 10.1016/j.frl.2024.106550
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