TY - RPRT AU - Fella, Giulio AU - Manzini, Paola AU - Mariotti, Marco TI - Does Divorce Law Matter? PY - 2002/Feb/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 439 UR - https://www.iza.org/publications/dp439 AB - In this paper we derive an explicit model of negotiations between spouses when utility is (partially) transferable only in case of separation. We show that inefficient separation may occur in equilibrium even under consensual divorce law. This provides theoretical support for the view that changes in social norms rather than in legislation may be responsible for increasing divorce rates. KW - divorce KW - non transferability KW - Bargaining ER -