Abstract
A longitudinal panel study of newly married couples is utilized to examine hypothesized consumption andfinance-handling differences between couples who subsequently become divorced or remained happily married. Happily married couples were found to practice role specialization, with greater influence of the wife and less husband dominance in family finance handling, and greater joint and wife influence in decision making. Compared to divorced couples, they spent more for household appliances, home purchases and down payments, and recreational vehicles, as hypothesized. Divorced couples spent more on stereos and color TVs, as well as living-room furniture.
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