Research on child custody primarily focuses on the well-being of children following divorce. We extend this literature by examining how the prospect of joint child custody affects marriage-specific investment in children’s private-school education. Variation in the timing of joint-custody reforms across states proxies for the prospect of joint child custody and provides a natural experiment framework with which to examine marriage-specific investment in children. The probability of children’s private school attendance declines by 13 percent in states that adopt joint-custody laws. The effects of joint-custody reform are larger in states that have property-division laws that consistently favor one parent over the other. The results are largely robust for subsamples partitioned by socioeconomic status.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
16313.
Find related papers by JEL classification: D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure K36 - Law and Economics - - Other Substantive Areas of Law - - - Family and Personal Law
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Imran Rasul, 2006.
"The Economics of Child Custody,"
Economica,
London School of Economics and Political Science, vol. 73(289), pages 1-25, 02.
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