TY - JOUR
T1 - Law, Property, and Marital Dissolution
AU - Clark, Simon
PY - 1999/3
Y1 - 1999/3
N2 - This 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 stylized 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.
AB - This 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 stylized 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.
U2 - 10.1111/1468-0297.00415
DO - 10.1111/1468-0297.00415
M3 - Article
SN - 0013-0133
VL - 109
SP - 41
EP - 54
JO - The Economic Journal
JF - The Economic Journal
IS - 454
ER -