Property Division upon Divorce and Household Decisions
利用2011年中国最高法院关于婚前房产离婚分割的司法解释变化,采用双重差分法发现该法律削弱了妻子的家庭议价能力,导致其休闲减少、男性偏好商品消费增加及子女投资下降。
Before 2011, Chinese married couples expected equal-division of housing property upon divorce even when the home was titled only under the husband’s name and bought by the husband before marriage. In 2011, a Supreme Court decision led to enforcement of a title-based regime, only for housing property purchased before marriage and brought into the marriage by one of the spouses. We investigate the effects of this legal change using a difference-in-differences design. We find that this legal change weakened wives' intrahousehold bargaining power, leading to reductions in their leisure, increased consumption of male-favored goods, and reduced investment in children.