Divorce and Gold Coins: A Case Study of Iran

21 Pages Posted: 20 Mar 2018

See all articles by Mohammad Reza Farzanegan

Mohammad Reza Farzanegan

University of Marburg - Center for Near and Middle Eastern Studies (CNMS)

Hassan Gholipour Fereidouni

Independent

Date Written: November 2017

Abstract

The increasing divorce rate has become a major social concern for policy makers in the Islamic government of Iran. The price of gold coin is an important factor in cost-benefit analysis for individuals in their marriage and divorce decisions in Iran. Dowries (Mehrieh) are usually in the form of gold coin and a wife has a legal right to them upon both parties signing the marriage contract. Increasing the price of gold coin may intensify the internal stress and struggles within families, leading to a higher probability of divorce. We investigate the long-run relationship between real price of gold coin and divorce rate for the case of Iran over the period 1980-2014. Controlling for other factors, our regression results show that there is a positive and significant long-run relationship between real price of gold coin (as well as unanticipated changes in real price of gold coin) and marital instability.

Keywords: Divorce, Gold Price, Cointegrating Regression, Iran

JEL Classification: D100, O100, E300, E600

Suggested Citation

Farzanegan, Mohammad Reza and Fereidouni, Hassan Gholipour, Divorce and Gold Coins: A Case Study of Iran (November 2017). CESifo Working Paper Series No. 6873, Available at SSRN: https://ssrn.com/abstract=3144304

Mohammad Reza Farzanegan (Contact Author)

University of Marburg - Center for Near and Middle Eastern Studies (CNMS) ( email )

Deutschhausstra├če 12
Marburg, 35037
Germany

HOME PAGE: http://www.uni-marburg.de/cnms/wirtschaft

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