Source: Authors’ tabulations from Versus and CPS data

Source: Authors’ tabulations from Versus and CPS data

Since indeed there be seemingly drops about marriage price in the age 59 and you may corresponding goes up during the years sixty to own widows i after that look at the Theory 2 using the styles in marriage counts within this 24 months old 60. This allows us to glance at just how localized the alteration inside the conclusion is. We explore matters inside research as the no research you will definitely provide reputable denominators having month-to-month rates. While the revealed on the finest panel out-of Shape 5, for the 1979 to 1995 period the newest top number of marriages for widows in this 24-few days range is the month of woman’s 60th birthday celebration, that have especially large matters on the 3 months following the an excellent woman’s 60th birthday celebration. A sharp decline in the few months just before her 60th birthday celebration precedes so it height. So it development is similar, yet not because pronounced throughout the age before this new 1979 laws change.

A month until the 60th birthday celebration, the marriage matter was 72 % lower than the brand new baseline month (this is basically the largest departure on the baseline)

Panel An effective (detailed analytics) implies that from inside the 1979–1995 period, the level level of marriage ceremonies to possess widows inside the 24-month range is the woman’s 60th birthday, with especially large matters throughout the ninety days pursuing the an excellent female’s 60th birthday. A sharp decrease in the weeks before the 60th birthday celebration precedes you to definitely top. Which development is a lot like, not since the noticable on the years preceding this new 1979 laws transform.

Committee B descriptors: Y-axis = Percentage variation off -24 months away from 60th birthday; X-axis = Days out-of 60th birthday (-23 as a consequence of +23).

Panel B (regression show) means that you will find ten days immediately after many years 59 (60th birthday, +step 1, +dos, +step 3, +8, +twelve, +18, +twenty-two, +23, +24 months) where relationships matters are statistically and you can financially higher throughout the post-1979 rules period according to the newest pre-1979 laws several months. The newest pattern inside the 60th birthday is actually remarkable. New counts in every weeks before the fresh 60th birthday are the same otherwise below the newest baseline times (a couple of years before 60th birthday). Additionally, the number of marriage ceremonies towards 60th birthday celebration are 56 percent greater than brand new baseline week. This type of matters try statistically not the same as both at step one per cent peak. That, 2, and you can 90 days pursuing the 60th birthday, how many marriages continues to be 52, 36, and you can 25 % more than new baseline times, recommending that the relationship penalty in the Societal Cover try really important towards the ladies who are very alongside many years sixty. (Full regression email address details are in Appendix Desk step 3.)

Notes: Weighted amount of ong widows regarding month and you may seasons class. These are just from claims which were from the MRA to possess all age between 1968 and you will 1995 and this advertised past relationship updates on their wedding permits. Select Appendix Dining table step 3 to possess mathematical significance of individual coefficients.

We have twenty-eight years of investigation and make use of the months within a couple of years of one’s 60th birthday celebration, to have a total of 1,372 findings

ln ( marriage count month , year ) = ? + ? ? ( month ) + ? ? ( month * after 1979 law change ) + ? ? ( year ) + ? , where < month>

All of our oriented adjustable ‘s the natural record of your own month-to-month count away from marriages, in accordance with the 60th birthday celebration. All of our separate details include times dummies, with a couple of years before 60th birthday celebration omitted; and you can a communicating between your week dummies and you may if the date several months was 1979 otherwise later. We include year dummies in order to make up the potential for a time development in-marriage matters, to your omitted sounding 1968.

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