Supplementary data for: Yours, Mine, and Ours: Do Divorce Laws Affect the Intertemporal Behavior of Married Couples?

The paper examines how divorce laws affect couples’ intertemporal choices and well-being. Exploiting panel variation in US laws, the paper estimates the parameters of a model of household decision-making. Household survey data indicate that the introduction of unilateral divorce in states that imposed an equal division of property is associated with higher household savings and lower female employment, implying a distortion in household assets accumulation and a transfer toward wives whose share in household resources is smaller than that of their husband. When spouses share consumption equally, separate property or prenuptial agreements can reduce distortions and increase equity.<br><br>This repository contains PSID data used in the analyses: 26 waves of the PSID between 1968 and 1993.