Does divorce law matter?

Giulio Fella*, Paola Manzini, Marco Mariotti

*Corresponding author for this work

Research output: Contribution to journalArticle (Academic Journal)peer-review

24 Citations (Scopus)

Abstract

In this paper we derive an explicit model of negotiations between spouses when unconstrained transfers are possible only in case of separation. We show that inefficient separation may occur in equilibrium even under consensual divorce law. This provides theoretical support for the view that changes in social norms rather than in legislation may be responsible for increasing divorce rates.

Original languageEnglish
Pages (from-to)607-633
Number of pages27
JournalJournal of the European Economic Association
Volume2
Issue number4
DOIs
Publication statusPublished - Jun 2004

Bibliographical note

Copyright:
Copyright 2010 Elsevier B.V., All rights reserved.

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