Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/174996
Authors: 
Farzanegan, Mohammad Reza
Gholipour, Hassan F.
Year of Publication: 
2018
Series/Report no.: 
CESifo Working Paper No. 6873
Abstract: 
The increasing divorce rate has become a major social concern for policy makers in the Islamic government of Iran. The price of gold coin is an important factor in cost-benefit analysis for individuals in their marriage and divorce decisions in Iran. Dowries (Mehrieh) are usually in the form of gold coin and a wife has a legal right to them upon both parties signing the marriage contract. Increasing the price of gold coin may intensify the internal stress and struggles within families, leading to a higher probability of divorce. We investigate the long-run relationship between real price of gold coin and divorce rate for the case of Iran over the period 1980-2014. Controlling for other factors, our regression results show that there is a positive and significant long-run relationship between real price of gold coin (as well as unanticipated changes in real price of gold coin) and marital instability.
Subjects: 
divorce
gold price
cointegration regression
Iran
JEL: 
D10
O10
E30
E60
Document Type: 
Working Paper

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