Abstract
This research aims to identify how macroeconomic performance affects the marriage and divorce trends in Azerbaijan. Authors take economic growth, unemployment, and inflation rate indicators as primary measures of overall macroeconomic performance for 2000-2022 and employ ARDL methodology to examine the existence of long-run associations. Research results are in line with previous findings in the literature, confirming the significant long-term impact of inflation and unemployment rate on the divorce rate in Azerbaijan. Though the economic growth rate has no significant impact on the divorce rate, the research shows a positive impact on marriages and a decreasing influence on divorces in the country. Higher inflation and unemployment rates push the divorce rate upward. The unemployment rate has a particularly significant negative influence on the number of marriages in the case of Azerbaijan. Because the upward trend in the divorce rate is a hot topic in public discourse and perceived to be a social problem in the country, the research has substantial policy implications perspective.
Published Version
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call