Divorce/Separation in Later-Life: A Fixed Effects Analysis of Economic Well-Being by Gender

Andy Sharma ()

Journal of Family and Economic Issues, 2015, vol. 36, issue 2, 299-306

Abstract: With the on-going aging of the United States’ population and an increase in the number of older men and women living in a divorced/separated state, examining the economic security of this group is a worthwhile undertaking. Utilizing the 2004 and 2010 waves of the RAND Health and Retirement Study, this study employed fixed effects (FE) regression to examine the effects of divorce/separation on total wealth for older men and women. Results suggested older divorced/separated individuals endured a significant loss in total wealth due to a martial disruption and women fared worse than men. However, older adults can take proactive steps to ease this financial setback. Copyright Springer Science+Business Media New York 2015

Keywords: Divorce/separation and older adults; Economic well-being; Marital dissolution in later-life (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1007/s10834-014-9432-1

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