Marriage, divorce and economic activity in the US: 1960--2008

Hamid Baghestani and Michael Malcolm

Applied Economics Letters, 2014, vol. 21, issue 8, 528-532

Abstract: We utilize a time-series model to examine the interrelationship between marriage and divorce and their connections with macroeconomic conditions for the period 1960 to 2008. Our findings suggest that marriage and divorce are pro-cyclical, although macroeconomic conditions affect divorce only when the economy is underperforming. Marriage is pro-cyclical in all circumstances. Further, bidirectional causation exists, with marriage (divorce) affected by lagged rates of divorce (marriage).

Date: 2014
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DOI: 10.1080/13504851.2013.872753

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