ln ( marriage rate age , year ) = ? + ? ? ( year ) + ? ? ( year * at least age 60 dummy age , year ) + ? ? ( age ) + ? , where < age>
Our very own independent variables are single-season ages dummies, as we grow older fifty omitted; and you will a socializing within age dummies and whether the date several months try 1979 or after. This enables the brand new models in marriage pricing to vary just like the widows means years 60.
The results for the regression can be found in the base panel away from Figure 3 and you will Appendix Table dos. Regarding the pre- and you can article-1979 legislation changes episodes, the new fashion in-marriage cost relative to the brand new baseline period of half a century, is mathematically a similar for everybody a long time around and you can for instance the 58-year-dated widows. However, regarding the blog post-1979 law period, 59-year-dated widows try seemingly less inclined to get married (101 % below 50-year-olds ) than in the new pre-1979 legislation period (86 per cent less than 50-year-olds ). Depending on the time trend, most of the age categories at the ages sixty years otherwise elderly be likely to wed regarding the post-1979 laws months. These distinctions is actually mathematically extreme and have your law reduced the wedding prices out of 59-year-olds and you may increased the wedding rates of females who were on minimum age 60. The expense of remarriage at any years a lot more than sixty ages reduced after the rules changes, and this increase just in case you was in fact no less than years 60 ensures that women in reality averted relationship till the law.
In the blog post-1979 law change months, the wedding rates during the many years 58 was 65 % below the marriage rates on baseline ages, since the matrimony rate is 101 % less than one to on the latest baseline decades for ladies on age 59 and you can returning to 67 % lower than new standard decades in the decades sixty. All these years effects are statistically diverse from both during the one percent height. Such overall performance highly recommend your relationships rates minimizes while the widows strategy years sixty. This was perhaps not apparent in the first number of empirical evaluating because the i categorized all of the lower than age sixty relationship prices that have an effective unmarried dummy variable.
The bottom committee out-of Figure 3 shows a similar however, smaller pronounced trend from the decades before 1979 rules alter turned into energetic. The marriage rate at decades 59 is actually 86 per cent underneath the standard age 50, while the relationships rates within ages 58 is 68 per cent underneath the baseline ages. That it distinction is actually mathematically extreme within one percent level [F(step one,520)=9.32] . As opposed to the fresh article-rules months, the age-59 effect is not mathematically distinct from this-sixty perception (84 % underneath the baseline).
Relationships costs fall off monotonically up to ages sixty in the blog post-1979 legislation change period
Contour 4 and you may Appendix Desk 2 reveal that you will find maybe not equivalent models having divorced feminine. Continual the analysis held over getting widows, suggests zero statistical otherwise economic differences when considering the newest pre- and you may article-rules attacks. Simultaneously, there aren’t any differences between the effects of the ages 58-, 59-, or 60-year-dated dummies. In reality, matrimony rates fall off monotonically up to age 60 about blog post-1979 law changes several months.
We also include year dummies to help you make up a good secular day pattern in marriage cost, to the omitted group of 1968
Panel A good (descriptive analytics) implies that there are no equivalent patterns getting divorced women given that the individuals found to possess widows (Figure step three). The research held into the Contour step 3 (widows) try frequent in Figure 4 (separated feminine), appearing no mathematical or financial differences between brand new pre- and blog post-laws periods or involving the effects of this 58-, 59-, or sixty-year-dated Guatemala kvinnor dummies.