10 Pages Posted: 11 Jul 2009
Date Written: February 2009
In this paper we study the relationship between the number of divorce cases and the law of 50-50 divorce asset division rule. A simple mathematical model is established and analyzed. Our main result states that, as families become wealthier, the 50-50 asset division rule will provide stronger divorce incentive for the homemakers and thus increase the number of divorce cases. Our conclusion is well matched by observations in China.
Keywords: Matrimonial property, 50-50 division rule
JEL Classification: C0, K3
Suggested Citation: Suggested Citation
Quah, Euston and Yao, Shuntian, Divorce and Matrimonial Property: Why Number of Divorce Cases Grows When Families Become Wealthier? (February 2009). Available at SSRN: https://ssrn.com/abstract=1431727 or http://dx.doi.org/10.2139/ssrn.1431727