Since there seem to be drops throughout the matrimony price at the years 59 and you may related rises on ages 60 having widows we after that take a look at the Hypothesis 2 by using the manner in-marriage counts contained in this 24 months old sixty. This permits us to glance at exactly how nearby the alteration in the behavior is. We play with matters inside study because the no study you may give reputable denominators to possess monthly pricing. As the revealed about best panel away from Shape 5, from inside the 1979 to help you 1995 period the brand new height quantity of marriage ceremonies to own widows within this 24-week diversity is the week of female’s 60th birthday celebration, having specifically high matters on 3 months pursuing the an excellent female’s 60th birthday celebration. A-sharp decline in the few days just before their particular 60th birthday celebration precedes so it height. So it development is similar, although not since the noticable about years preceding the new 1979 legislation change.
A month until the 60th birthday celebration, the wedding count are 72 per cent less than the brand new standard month (here is the largest deviation regarding baseline)
Panel A (descriptive analytics) means that from inside the 1979–1995 several months, new peak quantity of marriages having widows into the 24-month range ‘s the woman’s 60th birthday celebration, having especially higher matters regarding 3 months pursuing the a great female’s 60th birthday celebration. A sharp decline in the few months before the 60th birthday celebration precedes one top. That it trend is much like, but not given that pronounced regarding many years preceding brand new 1979 rules transform.
Committee B descriptors: Y-axis = Fee variation away from -2 years out-of 60th birthday celebration; X-axis = Days out-of 60th birthday (-23 owing to +23). Read more