Changes in Marriage and Divorce as Drivers of Employment and Retirement of Older Women
NBER Working Paper No. 22738
Publisher: Cambridge, MA: The National Bureau of Economic Research
Oct 31, 2016
- Among ever-married women, those who ever got divorced were about 7 percentage points more likely to be working at ages 50 to 74 than those who never got divorced.
- The difference in employment is not entirely explained by women’s current marital status. That is, a woman married to her second husband is more likely to be working at ages 50 to 74 than a woman married to her first husband.
- Women who divorced in their 40s and 50s are more likely to be working at later ages than women who divorced in their 20s and 30s.
- The evidence suggests that ever-divorced women are working longer remedially; when a woman unexpectedly divorces later in life, she is less likely to have engaged in precautionary human capital investment and might have to work longer to increase her assets prior to retirement.
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