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Summary: This paper examines how women’s perception of the division of household assets upon divorce affects women’s well-being and child schooling outcomes in rural Ethiopia. Findings suggest that women who perceive that their husband would get all the assets in case of a divorce also tend to perceive less control over their lives. Implications of perceptions of unequal divorce allocations on child schooling are more striking: not only do children in households where perceived divorce allocations favor the husband do worse compared to children of the same age, but girls fare even worse than boys in these households. [ABSTRACT FROM AUTHOR]