We examine the effect of joint custody on marriage, divorce, fertility and female employment in Austria using … marriage specific capital. -- divorce ; fertility ; bargaining ; intrahousehold allocations ; Austria … analyze the effect on post-divorce outcomes. Our estimates show that joint custody significantly reduces divorce and female …

capital, which are larger in Germany than Britain. -- intergenerational links ; marriage market ; assortative mating …

rights. Because of the presence of transaction costs in marriage, altruistic parents cannot contract upon the investments … allocated custody in case they divorce. We show that: (i) the optimal allocation of custodial rights depends on both preferences …

incompleteness in the marriage market and the assumption that the marginal gain to marrying someone rich is greatest for someone poor …