Saving for Dowry: Evidence from Rural India
The ancient custom of dowry, that is, bride-to-groom marriage payments, remains ubiquitous in many contemporary societies. This paper examines whether dowry impacted household decision making and resource allocation in rural India during 1986-2007. Utilizing variation in firstborn gender and dowry a...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
The World Bank
2020
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Schriftenreihe: | World Bank E-Library Archive
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Online-Zugang: | Volltext |
Zusammenfassung: | The ancient custom of dowry, that is, bride-to-groom marriage payments, remains ubiquitous in many contemporary societies. This paper examines whether dowry impacted household decision making and resource allocation in rural India during 1986-2007. Utilizing variation in firstborn gender and dowry amounts across marriage markets, the paper finds that the prospect of higher dowry payments at the time of a daughter's marriage leads parents to save more in advance. The higher savings are primarily financed through increased paternal labor supply. This implies that people are farsighted; they work and save more today with payoff in the distant future |
Beschreibung: | 1 Online-Ressource (68 Seiten) |
DOI: | 10.1596/1813-9450-9453 |
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spellingShingle | Anukriti, S. Saving for Dowry Evidence from Rural India |
title | Saving for Dowry Evidence from Rural India |
title_auth | Saving for Dowry Evidence from Rural India |
title_exact_search | Saving for Dowry Evidence from Rural India |
title_exact_search_txtP | Saving for Dowry Evidence from Rural India |
title_full | Saving for Dowry Evidence from Rural India S. Anukriti |
title_fullStr | Saving for Dowry Evidence from Rural India S. Anukriti |
title_full_unstemmed | Saving for Dowry Evidence from Rural India S. Anukriti |
title_short | Saving for Dowry |
title_sort | saving for dowry evidence from rural india |
title_sub | Evidence from Rural India |
url | https://doi.org/10.1596/1813-9450-9453 |
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