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Wealth and Divorce

delete2023-01-20
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OA
AI
A
Alexandra Killewald *
A
Angela Lee
P
Paula England
DOI:10.1215/00703370-10413021delete
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摘要

摘要

En 中文
In the United States, wealth ier cou ples have lower divorce risk. Wealth may sta bi lize mar riage through its material value, espe cially by eas ing finan cial stress, or by providing symbolic resources, espe cially sig nal ing that cou ples meet nor ma tive finan cial stan dards for mar riage. We first show that the neg a tive asso ci a tion between wealth and divorce holds net of a rich set of con trols. All else being equal, hav ing $40,000 in wealth rather than $0 is asso ci ated with as big a decline in aver age predicted divorce risk as hav ing no non mar i tal births ver sus at least one. Second, we show that the neg a tive asso ci a tion between wealth and divorce risk is steepest at low pos i tive wealth levels. Net of covariates, hav ing $40,000 in wealth rather than $0 is asso ci ated with as big a decline in aver age predicted divorce risk as hav ing $400,000 rather than $40,000. Third, we con sider evi dence for the sym bolic per spec tive, which empha sizes the sta bi liz ing role of owning vis i ble phys i cal assets, and the mate rial per spec tive, which sug gests unse cured debt height ens divorce risk. Consistent with the sym bolic per spec tive, we find that with net worth held con stant, own er ship of homes and vehi cles is neg a tively asso ci ated with divorce risk. However, more research is needed to fully adjudicate between the symbolic and material perspectives.
Keyword:
Wealth
Divorce

期刊

Demography 封面图
Demography
IF:
3.6
论文数:
2.5K
被引数:
9.3K

机构

H
Harvard University
学者数:
26.5W
论文数: 22.0W
被引数: 28.7W
N
New York University
学者数:
4.4W
论文数: 3.9W
被引数: 5.8W
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