EconPapers    
Economics at your fingertips  
 

Financial implications of relationship breakdown: Does marriage matter?

Hayley Fisher () and Hamish Low ()

Review of Economics of the Household, 2015, vol. 13, issue 4, 735-769

Abstract: In raw data in the UK, the income loss on separation for women who were cohabiting is less than the loss for those who were married. Cohabitants lose less even after controlling for observable characteristics including age and the number of children. This difference is not explained by differences in access to benefits or labor supply responses after separation. In contrast, there is no difference in the change in household income experienced by cohabiting and married men who do better on average than both groups of women. We show that the difference for women arises because of differences in the use of family support networks: cohabitants’ standard of living falls by less because they are more likely to live with other adults, particularly their family, following separation, even after controlling for age and children. Divorced women do not return to living with their extended families. The greater legal protection offered by marriage does not appear to translate into economic protection. Copyright Springer Science+Business Media New York 2015

Keywords: Divorce; Cohabitation; Income loss; D10; J12 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1007/s11150-015-9292-y (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Financial implications of relationship breakdown: does marriage matter? (2012) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:reveho:v:13:y:2015:i:4:p:735-769

Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/11150/PS2

DOI: 10.1007/s11150-015-9292-y

Access Statistics for this article

Review of Economics of the Household is currently edited by Shoshana Grossbard

More articles in Review of Economics of the Household from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2020-11-05
Handle: RePEc:kap:reveho:v:13:y:2015:i:4:p:735-769