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The Economics of Divorce
Abstract:This paper reviews the economic consequences of the current laws of marital dissolution. Findings from seven states reporting primary data are compared on three judicial trends: the basis for property awards in equal and equitable distribution states; the frequency, amount, and duration of alimony awards; and current rulings on child custody and amounts of child support awards. The major consequence of these legal rules is a deterioration in the economic well-being of women and children following divorce.
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