Law, Property, and Marital Dissolution
AbstractThis paper challenges the view that legal rights are not important in affecting whether people divorce, but it puts as much emphasis on property rights (given, for example, by the law on alimony) as on dissolution rights. The paper sets out two stylised models of marriage and examines the consequences of fuller compensation for economic sacrifices made during marriage. If the dominant economic issue in a marriage is who undertakes household tasks then a law giving fuller compensation makes divorce more likely. If the dominant issue is child custody, divorce is less likely.
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Bibliographic InfoPaper provided by Edinburgh School of Economics, University of Edinburgh in its series ESE Discussion Papers with number 32.
Date of creation: Apr 2004
Date of revision:
Marriage; Divorce; Property rights; Household production; Child custody;
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