Table 4.

Definitions and Summary Statistics for Variables Used in Divorce Model

Variable	Definition	Women		Men
		Mean	SD	Mean	SD
Divorce	1 if divorces during interval	0.04		0.04
Risk Tolerance	Arrow-Pratt coefficient of relative risk tolerance	0.51	0.56	0.75	0.95
Economic Variables
Assets	Total net family assetsa	102.37	256.73	107.97	263.13
Total income	Sum of spouses’ labor incomesa	56.03	41.53	54.95	40.46
Income share	Own share of total incomea	33.95	22.24	65.76	22.65
Income correlation	Correlation between spouses’ incomesa,b	0.08	0.54	0.06	0.58
No correlation	1 if income correlation is missingb	0.01		0.01
Predicted total income	Predicted total incomea	53.19	24.94	49.25	24.32
Predicted income share	Predicted own share of total incomea	34.98	17.17	71.30	17.99
Predicted income correlation	Predicted income correlationa,b	0.09	0.17	0.06	0.18
Demographic Variables
Number of children	Number of children in household	1.42	1.19	1.35	1.20
Children aged 0–6	1 if any children age 6 or younger	0.50		0.48
Male children	1 if any male children	0.53		0.49
Premarriage children	1 if any children born before marriageb	0.16		0.06
Age at marriage	Age at marriageb	23.77	4.35	25.02	4.21
Age gap	Difference in spouses’ agesb	3.43	3.61	2.78	2.77
Schooling gap	Difference in spouses’ years of schoolb	1.42	1.62	1.31	1.52
Cohabited with spouse	1 if cohabited with spouseb	0.31		0.35
Cohabited with other	1 if cohabited with other partnerb	0.02		0.02
Black	1 if blackb	0.24		0.23
Hispanic	1 if Hispanicb	0.19		0.20
Baptist	1 if religion is Baptistb	0.26		0.25
Catholic	1 if religion is Catholicb	0.39		0.38
Other religion	1 if no or other religionb	0.10		0.11
Lived with mother	1 if lived with mother only, age 14b	0.14		0.14
Lived with mother/stepfather	Lived with mother/stepfather, age 14b	0.06		0.06
Lived without mother	No mother, age 14b	0.07		0.07
Traditional views	1 if agrees women are happier at homeb	0.27		0.37
Environmental Variables
No-fault	1 if no-fault law for divorcec	0.35		0.35
Property no-fault	1 if no-fault law for property settlementc	0.42		0.42
Separation duration	Minimum required separation (months)c	10.59	11.53	10.54	11.50
County unemployment rate	County unemployment rate	6.90	3.16	6.77	3.04
County divorce rate	County divorce rate	4.91	1.96	4.93	1.89
County race	Percentage of county population same race	59.63	31.19	59.21	32.46
County male	Percentage of county population male	48.82	1.32	48.86	1.22
Number of Person-Year Observations		38,733		37,662
Number of Individuals		3,214		3,298

Note: The model also includes dummy variables identifying current marriage duration.

^aIncome levels are deflated by the CPI-U and expressed in thousands of 2000 dollars.

^bVariable does not change value over the duration of the marriage.

^cBased on state-specific divorce laws for the given calendar year.