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Does Marital History Matter? Marital Status and Wealth Outcomes among Preretirement Adults
Janet Wilmoth and Gregor Koso
Journal of Marriage and Family
Vol. 64, No. 1 (Feb., 2002), pp. 254-268
Published by: National Council on Family Relations
Stable URL: http://www.jstor.org/stable/3599792
Page Count: 15
You can always find the topics here!Topics: Cohabitation, Divorced status, Wealth, Widowed status, Health outcomes, Men, Marriage, Modeling, Separated status, Marital status
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Data from the 1992 Health and Retirement Survey are used to specify ordinary least squares (OLS) regression models predicting wealth. Separate models are estimated for men and women. The results indicate that individuals who are not continuously married have significantly lower wealth than those who remain married throughout the life course. Remarriage offsets the negative effect of a marital dissolution. There are significant gender differences in these effects. The results demonstrate that accounting for the sequence of marital events provides a detailed picture of the life paths that lead to wealth heterogeneity among the older population.
Journal of Marriage and Family © 2002 National Council on Family Relations