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Publication year
How to Carve a Medical Degree: Human Capital Assets in Divorce Settlements.
Resource type
Authors/contributors
- Borenstein, Severin (Author)
- Cournat, Paul N (Author)
Title
How to Carve a Medical Degree: Human Capital Assets in Divorce Settlements.
Abstract
This paper examines effects of the legal rules for property division at divorce on investment in human capital during marriage. The authors show that current rules generally lead to suboptimal levels of investment and spousal support, or to inequitable distribution of the returns from such investment, or both. They propose a new rule that performs better than the existing rules on both efficiency and equity criteria and that requires no more information than the existing rules. Copyright 1989 by American Economic Association.
Publication
American Economic Review
Volume
79
Issue
5
Pages
992-1009
Date
1989-12
Citation
Borenstein, S., & Cournat, P. N. (1989). How to Carve a Medical Degree: Human Capital Assets in Divorce Settlements. American Economic Review, 79, 992–1009.
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