Divorce/Separation in Later-Life: A Fixed Effects Analysis of Economic Well-Being by Gender

TitleDivorce/Separation in Later-Life: A Fixed Effects Analysis of Economic Well-Being by Gender
Publication TypeJournal Article
Year of Publication2015
AuthorsSharma, A
JournalJournal of Family and Economic Issues
Volume36
Issue2
Pagination299-306
KeywordsAdult children, Methodology, Net Worth and Assets, Public Policy
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.
URLhttp://dx.doi.org/10.1007/s10834-014-9432-1
DOI10.1007/s10834-014-9432-1
Endnote Keywords

Divorce/separation/Economic well-being/Marital dissolution in later-life/marital Status/household wealth/Marriage
Endnote ID

999999
Citation Key8286