Custody laws governing living arrangements for children following their parents' divorce have changed dramatically since the 1970s. Traditionally, one parent - usually the mother - was assigned sole custody of the child. Today, many divorced parents continue to share parental rights and...

Im Jahr 2003 wurden 88,4% aller Scheidungen in Österreich im Einvernehmen geschieden. Die einvernehmliche Scheidung erfordert--wenn beide Gatten die Scheidung wünschen--nur eine Vereinbarung der wesentlichen Scheidungsfolgen. Anhand von Scheidungsakten der Jahre 1997 bis 2003 eines...

In this paper we study the importance of marriage for interstate risk sharing. We find that US states in which married couples account for a higher share of the population are less exposed to state-specific output shocks. Thus, marriages do not just improve the allocation of risk at the...

We model the bargaining process of parents over custody at the time of divorce. First we assume an institutional setting where only sole custody is available. In a second step we reform this institutional setting and introduce the possibility of joint custody. We show that some parents, who...

Since the 1970s almost all states have introduced a form of joint custody after divorce. We analyze the causal effect of these custody law reforms on the incidence of marriage and divorce. Our identification strategy exploits the different timing of reforms across states and the control group of...