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来源类型Working Paper
规范类型报告
DOI10.3386/w20251
来源IDWorking Paper 20251
Free to Leave? A Welfare Analysis of Divorce Regimes
Raquel Fernández; Joyce Cheng Wong
发表日期2014-06-19
出版年2014
语种英语
摘要During the 1970s the US underwent an important change in its divorce laws, switching from mutual consent to a unilateral divorce regime. Who benefitted and who lost from this change? To answer this question we develop a dynamic life-cycle model in which agents make consumption, saving, labor force participation (LFP), and marriage and divorce decisions subject to several shocks and given a particular divorce regime. We calibrate the model using statistics relevant to the life-cycle of the 1940 cohort. Conditioning solely on gender, our ex ante welfare analysis finds that women would fare better under mutual consent whereas men would prefer a unilateral system. Once we condition not only on gender but also on initial productivity, we find that men in the top three quintiles of the initial productivity distribution are made better off by a unilateral system as are the top two quintiles of women; the rest prefer mutual consent. We also find that although the change in divorce regime had only a small effect on the LFP of married women in the 1940 cohort, these effects would be considerably larger for a cohort who lived its entire life under a unilateral divorce system.
主题Labor Economics ; Demography and Aging ; Other ; Law and Economics
URLhttps://www.nber.org/papers/w20251
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/577924
推荐引用方式
GB/T 7714
Raquel Fernández,Joyce Cheng Wong. Free to Leave? A Welfare Analysis of Divorce Regimes. 2014.
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