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- Title
Divorce/Separation in Later-Life: A Fixed Effects Analysis of Economic Well-Being by Gender.
- Authors
Sharma, Andy
- Abstract
With the on-going aging of the United States' population and an increase in the number of older men and women living in a divorced/separated state, examining the economic security of this group is a worthwhile undertaking. Utilizing the 2004 and 2010 waves of the RAND Health and Retirement Study, this study employed fixed effects (FE) regression to examine the effects of divorce/separation on total wealth for older men and women. Results suggested older divorced/separated individuals endured a significant loss in total wealth due to a martial disruption and women fared worse than men. However, older adults can take proactive steps to ease this financial setback.
- Subjects
UNITED States; DIVORCE; SEPARATION (Law); DIVORCE &; society; FINANCIAL management; POPULATION
- Publication
Journal of Family & Economic Issues, 2015, Vol 36, Issue 2, p299
- ISSN
1058-0476
- Publication type
Article
- DOI
10.1007/s10834-014-9432-1