EconStor >
Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/35159
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorGonzález, Libertaden_US
dc.contributor.authorÖzcan, Berkayen_US
dc.date.accessioned2008-10-13en_US
dc.date.accessioned2010-07-07T11:34:17Z-
dc.date.available2010-07-07T11:34:17Z-
dc.date.issued2008en_US
dc.identifier.piurn:nbn:de:101:1-20081014319en_US
dc.identifier.urihttp://hdl.handle.net/10419/35159-
dc.description.abstractWe analyze the impact of an increase in the risk of divorce on the saving behaviour of married couples. From a theoretical perspective, the expected sign of the effect is ambiguous. We take advantage of the legalization of divorce in Ireland in 1996 as an exogenous increase in the likelihood of marital dissolution. We analyze the saving behaviour over time of couples who were married before the law was passed. We propose a difference-in-differences approach where we use as comparison groups either married couples in other European countries (not affected by the law change), or Irish families who did not experience a significant increase in the expected risk of divorce (such as very religious families, or single individuals). Our results suggest that the increase in the risk of divorce brought about by the law was followed by an increase in the propensity to save of married couples, consistent with a rise in precautionary savings interpretation. An increase in the risk of marital dissolution of about 40 percent led to a 7 to 13 percent rise in the proportion of married couples reporting positive savings.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesIZA discussion papers 3726en_US
dc.subject.jelJ12en_US
dc.subject.ddc330en_US
dc.subject.keywordDivorceen_US
dc.subject.keywordsavingen_US
dc.subject.keywordmarriageen_US
dc.subject.keyworddivorce lawen_US
dc.subject.stwScheidungen_US
dc.subject.stwRisikoen_US
dc.subject.stwSparenen_US
dc.subject.stwPrivater Haushalten_US
dc.subject.stwFamilienökonomiken_US
dc.subject.stwEherechten_US
dc.subject.stwIrlanden_US
dc.titleThe risk of divorce and household saving behavioren_US
dc.typeWorking Paperen_US
dc.identifier.ppn581730844en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

Files in This Item:
File Description SizeFormat
581730844.pdf206.07 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.