The Impact of a Mandatory Cooling-off Period on Divorce
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.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Loewenstein, George & O'Donoghue, Ted & Rabin, Matthew, 2002.
"Projection Bias in Predicting Future Utility,"
02-11, Cornell University, Center for Analytic Economics.
- Loewenstein, George & O'Donoghue, Ted & Rabin, Matthew, 2000. "Projection Bias in Predicting Future Utility," Department of Economics, Working Paper Series qt5qh6142m, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- George Loewenstein & Ted O'Donoghue & Matthew Rabin, 2001. "Projection Bias in Predicting Future Utility," General Economics and Teaching 0012003, EconWPA.
- George Loewenstein, Ted O'Donoghue and Matthew Rabin., 2000. "Projection Bias in Predicting Future Utility," Economics Working Papers E00-284, University of California at Berkeley.
- Marianne E. Page & Ann Huff Stevens, 2004. "The Economic Consequences of Absent Parents," Journal of Human Resources, University of Wisconsin Press, vol. 39(1).
- Oechssler, Jörg & Roider, Andreas & Schmitz, Patrick W., 2009.
"Cooling-Off in Negotiations - Does It Work?,"
0463, University of Heidelberg, Department of Economics.
- Oechssler, Jörg & Roider, Andreas & Schmitz, Patrick W., 2008. "Cooling-Off in Negotiations - Does It Work?," Sonderforschungsbereich 504 Publications 08-06, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
- Oechssler, Jörg & Roider, Andreas & Schmitz, Patrick W, 2008. "Cooling-Off in Negotiations - Does It Work?," CEPR Discussion Papers 6807, C.E.P.R. Discussion Papers.
- 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.
- Keith Finlay & David Neumark, 2010. "Is Marriage Always Good for Children?: Evidence from Families Affected by Incarceration," Journal of Human Resources, University of Wisconsin Press, vol. 45(4), pages 1046-1088.
- 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.
- 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.
- Anna Aizer & Pedro Dal Bó, 2007. "Love, Hate and Murder: Commitment Devices in Violent Relationships," NBER Working Papers 13492, National Bureau of Economic Research, Inc.
When requesting a correction, please mention this item's handle: RePEc:ucp:jlawec:doi:10.1086/667710. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Journals Division)
If references are entirely missing, you can add them using this form.