Family Formation and Dissolution During the COVID-19 Pandemic: Evidence From South Korea
Jinho Kim and
Taehoon Kim
Global Economic Review, 2021, vol. 50, issue 1, 1-19
Abstract:
This study explores the short-term effects of COVID-19 on marriage and divorce rates in Korea. We document a 9.6–13.9% reduction in the provincial crude marriage rate in March-June 2020 after the surge in COVID-19 cases. On top of this overall decline, a one-unit increase in the number of confirmed cases per 1,000 people in a given province decreased the marriage rate by 3.8–6.2%. The crude divorce rate decreases by 3.2–7.1% after the surge of COVID-19. Our results imply that the decline in marriage rates due to COVID-19 can lead to a significant decrease in fertility rates in the near future.
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:taf:glecrv:v:50:y:2021:i:1:p:1-19
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DOI: 10.1080/1226508X.2021.1874466
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