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Eisenberg says college athletes much less likely than other students to seek help with mental health conditions

Mitchell finds children who lose fathers suffer at cellular level

Seefeldt says hard work alone won't allow poor to reach middle-class status in America

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Neal Krause wins GSA's Robert Kleemeier Award

U-M awarded $58 million to develop ideas for preventing and treating health problems

Bailey, Eisenberg , and Fomby promoted at PSC

Former PSC trainee Eric Chyn wins PAA's Dorothy S. Thomas Award for best paper

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How to Carve a Medical Degree: Human Capital Assets in Divorce Settlements

Archived Abstract of Former PSC Researcher

Borenstein, Severin, and Paul Courant. 1989. "How to Carve a Medical Degree: Human Capital Assets in Divorce Settlements." American Economic Review, Vol 79 (December), 992-1009.

This paper examines effects of the legal rules for property division at divorce on investment in human capital during marriage. We 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. We 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.

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