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Household Savings and Marriage Payments: Evidence from Dowry in India
| Content Provider | Semantic Scholar |
|---|---|
| Author | Anukriti, S. Kwon, Sungoh Prakash, N. Mathur |
| Copyright Year | 2018 |
| Abstract | This paper examines how traditional marriage market institutions affect households' financial decisions. We study how bride-to-groom marriage payments, i.e., dowries, influence saving behavior in rural India. Exploiting variation in firstborn gender and heterogeneity in dowry amounts across marriage markets, we find that the prospect of paying higher dowry increases household savings, which are primarily financed through increased paternal labor supply. This is the first paper that highlights this alternative motive for savings in dowry-paying societies. However, we find no impacts of dowry expectations on son-preferring fertility behaviors and investments in girls. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://www2.bc.edu/s-anukriti/dowry.pdf |
| Alternate Webpage(s) | http://ftp.iza.org/dp11464.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
