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ERIC Number: EJ1015478
Record Type: Journal
Publication Date: 2013
Pages: 31
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-0022-166X
EISSN: N/A
The Risk of Divorce and Household Saving Behavior
Gonzalez, Libertad; Ozcan, Berkay
Journal of Human Resources, v48 n2 p404-434 Spr 2013
We analyze the causal impact of an increase in the risk of marital dissolution on the saving behavior of married couples. We use the legalization of divorce in Ireland in 1996 as an exogenous shock to the risk of divorce. We propose several comparison groups (unaffected by the law change) that allow us to use a difference-in-differences approach. Our findings suggest that the legalization of divorce led to a significant increase in the propensity to save by married individuals, which is consistent with individuals saving more as a response to the increase in the probability of marital breakup. (Contains 40 footnotes, 9 tables, and 4 figures.)
University of Wisconsin Press. 1930 Monroe Street, Madison, WI 53711-2059. Tel: 608-263-0668; Fax: 608-263-1173; e-mail: journals@uwpress.wisc.edu; Web site: http://www.wisc.edu/wisconsinpress/journals
Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Ireland
Grant or Contract Numbers: N/A