Political Wrinkles  

Go Back   Political Wrinkles > General Discussion > Health, Wellness, Sex and Body
Register FAQDonate PW Store PW Trivia Members List Calendar Search Today's Posts Mark Forums Read

Health, Wellness, Sex and Body Discuss “A Diamond is Forever” and Other Fairy Tales: The Relationship Between Wedding Expens at the General Discussion; Marriage duration is inversely associated with spending on the engagement ring and wedding ceremony. Weddings costing over $20k have 3.5x ...

Reply
 
Share LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 08-08-2017, 01:15 AM
foundit66's Avatar
Moderator
 
Join Date: Oct 2007
Location: California
Gender: Male
Posts: 24,364
Thanks: 9,648
Thanked 14,672 Times in 8,866 Posts
Post “A Diamond is Forever” and Other Fairy Tales: The Relationship Between Wedding Expens

Marriage duration is inversely associated with spending on the engagement ring and wedding ceremony. Weddings costing over $20k have 3.5x the hazard of divorce vs $5-10k.
Rings costing between $2-4k have a 1.3x greater divorce hazard vs $500-$2k rings. (Francis-Tan and Mialon, 2015)
Quote:
In this study, we evaluate the association between wedding spending and marriage duration using data from a survey of more than 3,000 ever-married persons in the United States. Controlling for a number of demographic and relationship characteristics, we find evidence that marriage duration is inversely associated with spending on the engagement ring and wedding ceremony. (JEL J12, Z1, D1)
[]A DIAMOND IS FOREVER[] AND OTHER FAIRY TALES: THE RELATIONSHIP BETWEEN WEDDING EXPENSES AND MARRIAGE DURATION - Francis-Tan - 2015 - Economic Inquiry - Wiley Online Library

Doesn't surprise me.
__________________
“Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.”
~Abraham Lincoln
Reply With Quote
The Following 2 Users Say Thank You to foundit66 For This Useful Post:
Reply

Tags
and, between, diamond, expens, fairy, forever”, other, relationship, tales, the, wedding

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Forum Jump


All times are GMT -5. The time now is 09:23 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2017, vBulletin Solutions, Inc.

Content Relevant URLs by vBSEO 3.2.0