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Among effects of divorce on children are negative emotions like bitterness, stress, emotional pain, anxiety, fear, feeling abandoned, feeling betrayed and loss of self-esteem. Judith Wallerstein concluded from her long term research project that the highest impact of divorce on children comes 15 to 25 years after the divorce, when the children enter into a serious romantic relationship.
It is worth noting that many of the negative effects of divorce have to do with economics. Men are far more likely than women to maintain their standard of living after a divorce, while women (who still tend to have custody of children) find that their economic level falls significantly.