Narrow your search

Library

National Bank of Belgium (1)


Resource type

book (1)


Language

English (1)


Year
From To Submit

2020 (1)

Listing 1 - 1 of 1
Sort by

Book
Saving for Dowry : Evidence from Rural India
Authors: --- ---
Year: 2020 Publisher: Washington, D.C. : The World Bank,

Loading...
Export citation

Choose an application

Bookmark

Abstract

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.

Listing 1 - 1 of 1
Sort by