What are the economic consequences of divorce?

Our analysis suggests that Weitzman's finding concerning the precipitous decline in the economic status of women following divorce is likely to be incorrect. Her findings not only imply improbably large changes in income but are also inconsistent with the information she reports on changes in income and in income per capita. Corrected estimates suggest a decline in economic status of about one-third, rather than the widely cited 73 percent figure. It remains the case that the economic status of men and women diverge substantially in the years after divorce. That difference, however, is not nearly as dramatic as suggested by Weitzman's findings.