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Buchmueller says employee wages are hit harder than corporate profits by rising health insurance costs

Davis-Kean et al. link children's self-perceptions to their math and reading achievement

Yang and Mahajan examine how hurricanes impact migration to the US

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Pamela Smock elected to PAA Committee on Publications

Viewing the eclipse from ISR-Thompson

Paula Fomby to succeed Jennifer Barber as Associate Director of PSC

PSC community celebrates Violet Elder's retirement from PSC

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Next Brown Bag

Mon, Sept 11, 2017, noon:
Welcoming of Postdoctoral Fellows: Angela Bruns, Karra Greenberg, Sarah Seelye and Emily Treleaven

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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