Gender Division of Labor and Alimony
Waka Cheung and
Yew-Kwang Ng (kwang.ng@monash.edu)
No 17-11, Monash Economics Working Papers from Monash University, Department of Economics
Abstract:
According to the principle of comparative advantage, the gender division of labor is utility enhancing during marriage. However, in the long term it decreases the earning power of the party who specializes in housework. Once the marriage is dissolved she/he will be the losing party and hence should be compensated by the other party, who specializes in paid work which usually involves higher degree in the accumulation of human capital. As an effective means of compensation, it is shown formally that alimony may promote the gender division of labor and improve Pareto efficiency. The rule of remarriage termination of alimony is doubly inefficient by reducing gender division of labor and by discouraging efficient remarriages.
Keywords: Gender; division of labor; alimony; spousal support; marriage; specialization. (search for similar items in EconPapers)
JEL-codes: C7 D13 D8 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2011-09
New Economics Papers: this item is included in nep-hrm and nep-lab
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