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Law and Economics

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Economics

Stéphane Mechoulan

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Articles 1 - 2 of 2

Full-Text Articles in Social and Behavioral Sciences

The External Effects Of Black-Male Incarceration On Black Females, Stéphane Mechoulan Jan 2011

The External Effects Of Black-Male Incarceration On Black Females, Stéphane Mechoulan

Stéphane Mechoulan

This paper examines how the increase in the incarceration of Black men and the sex ratio imbalance it induces shape the behavior of young Black women. Combining data from the Bureau of Justice Statistics and the Current Population Survey to match male incarceration rates with individual observations over two decades, I show that Black male incarceration lowers the odds of Black non-marital teenage fertility while increasing young Black women's school attainment and early employment. These results can account for the sharp bridging of the racial gap over the 1990s for a range of socio-economic outcomes among females.


Economic Theory’S Stance On No-Fault Divorce, Stéphane Mechoulan Jan 2005

Economic Theory’S Stance On No-Fault Divorce, Stéphane Mechoulan

Stéphane Mechoulan

This article explores key insights that economic theory can shed on the issue of no-fault divorce in the United States, addressing modifications in the incentive structure of individuals that resulted from the legislative reforms of the 1970s. After stressing the importance of correctly interpreting and classifying divorce laws, this work investigates the contributions of the theory of property rights, the contributions of game theory and intra-household bargaining, and the contributions of general equilibrium analysis in our understanding of how divorce laws work and what their impact is. By doing so, this exposé analyzes the theoretical consequences of no-fault divorce on …