Author(s)

Ziyuan Wang, Qingwei Wang, Fangzhou Yin

Corresponding Author

Ziyuan Wang

Abstract

This paper will present the analysis and results of the two possible ways post-divorced people adopt to realize recovery in economic status to explain the reason why post-divorced men have a better condition than women. We use PSID (Panel Study of Income Dynamics) data from 1993 to 2007 to testify our assumptions. We find that non-remarried men are better off than women and are more likely to remarry and benefit from remarriage than women after divorce, which strengthens the discrepancy in economic status between sexes. However, post-divorced men and women behave more similarly with regard to the possibility of filing for bankruptcy than before.

Keywords

Divorce; Remarriage; Bankruptcy; Economic Status; Recovery