Divorce is in decline in England according to figures from the Office of National Statistics, and it is all do to with counter cyclical economic cycles if US studies on divorce are to be believed. In their 2011 paper, entitled Boom, Busts and Divorce, Judith K. Hellerstein, University of Maryland and NBER and Melinda Morrill, North Carolina State University argue that divorce rates are linked to western economic cycles and that divorce rates go down in recessions and rise in booms.
We have created an infographic to chart the decline of divorce in England since the “great recession of 2008. It will be interesting to revisit this study in a few years time, when in theory at least, we should be in the middle of another boom.
- Cohabitation agreements – It is time unmarried couples protected themselves.
- Hello, 911, I want a divorce and while you are at it, throw my husband out.