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Divorces make men richer, women poorer!

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ANI Johannesburg

A new study suggests that women become poorer and men become richer post-divorce.

Professor Stephen Jenkins, a director of the Institute for Social and Economic Research and chair of the Council of the International Association for Research on Income and Wealth, said that the father's available income rises by about a third, while the mother's drops by more than a fifth and stays that way for years, Fin24.com reported.

He added that the figures are unlikely to be much different in South Africa, where the richer section of society operates on very similar dynamics, while the poorer may be even worse off than British women.

 

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First Published: Aug 06 2013 | 4:32 PM IST

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