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The Impact of a Mandatory Cooling-off Period on Divorce

  • Jungmin Lee

A mandated waiting period between a divorce filing and the issuance of the divorce decree has been adopted in many countries to reduce impetuous divorces and encourage reconciliation. In this paper, I estimate the impact of a compulsory waiting period on the divorce rate. Since 2004, South Korean local courts had been voluntarily adopting the cooling-off policy, and later it became a national law. To evaluate the impact of the policy, I exploit variation in the timing of the policy adoption across local courts. I find that the cooling-off policy significantly decreases the divorce rate, whereas there is no significant effect on the divorce filing rate.

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File URL: http://www.jstor.org/stable/pdfplus/10.1086/667710
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File URL: http://www.jstor.org/stable/full/10.1086/667710
Download Restriction: Access to the online full text or PDF requires a subscription.

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Article provided by University of Chicago Press in its journal The Journal of Law and Economics.

Volume (Year): 56 (2013)
Issue (Month): 1 ()
Pages: 227 - 243

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Handle: RePEc:ucp:jlawec:doi:10.1086/667710
Contact details of provider: Web page: http://www.journals.uchicago.edu/JLE/

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  1. Loewenstein, George & O'Donoghue, Ted & Rabin, Matthew, 2002. "Projection Bias in Predicting Future Utility," Working Papers 02-11, Cornell University, Center for Analytic Economics.
  2. Marianne E. Page & Ann Huff Stevens, 2004. "The Economic Consequences of Absent Parents," Journal of Human Resources, University of Wisconsin Press, vol. 39(1).
  3. Oechssler, Jörg & Roider, Andreas & Schmitz, Patrick W., 2009. "Cooling-Off in Negotiations - Does It Work?," Working Papers 0463, University of Heidelberg, Department of Economics.
  4. Keith Finlay & David Neumark, 2008. "Is Marriage Always Good for Children? Evidence from Families Affected by Incarceration," NBER Working Papers 13928, National Bureau of Economic Research, Inc.
  5. Jonathan Gruber, 2004. "Is Making Divorce Easier Bad for Children? The Long-Run Implications of Unilateral Divorce," Journal of Labor Economics, University of Chicago Press, vol. 22(4), pages 799-834, October.
  6. Aizer, Anna & Dal B, Pedro, 2009. "Love, hate and murder: Commitment devices in violent relationships," Journal of Public Economics, Elsevier, vol. 93(3-4), pages 412-428, April.
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