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dc.contributor.authorGonzález, Libertaden
dc.contributor.authorÖzcan, Berkayen
dc.date.accessioned2008-10-13-
dc.date.accessioned2010-07-07T11:34:17Z-
dc.date.available2010-07-07T11:34:17Z-
dc.date.issued2008-
dc.identifier.piurn:nbn:de:101:1-20081014319en
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
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x3726en
dc.subject.jelJ12en
dc.subject.ddc330en
dc.subject.keywordDivorceen
dc.subject.keywordsavingen
dc.subject.keywordmarriageen
dc.subject.keyworddivorce lawen
dc.subject.stwScheidungen
dc.subject.stwRisikoen
dc.subject.stwSparenen
dc.subject.stwPrivater Haushalten
dc.subject.stwFamilienökonomiken
dc.subject.stwEherechten
dc.subject.stwIrlanden
dc.titleThe risk of divorce and household saving behavior-
dc.type|aWorking Paperen
dc.identifier.ppn581730844en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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