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....

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Main Authors:	Anukriti, S., Kwon, Sungoh, Prakash, Nishith
Format:	Working Paper
Language:	English
Published:	World Bank, Washington, DC 2020
Subjects:	DOWRY MARRIAGE PAYMENT SAVINGS LABOR SUPPLY MARRIAGE AGE POVERTY FEMALE LABOR FORCE PARTICIPATION YEARS OF SCHOOLING
Online Access:	http://documents.worldbank.org/curated/en/419211603736772018/Saving-for-Dowry-Evidence-from-Rural-India http://hdl.handle.net/10986/34686

id	okr-10986-34686
recordtype	oai_dc
spelling	okr-10986-346862022-09-20T00:10:00Z Saving for Dowry : Evidence from Rural India Anukriti, S. Kwon, Sungoh Prakash, Nishith DOWRY MARRIAGE PAYMENT SAVINGS LABOR SUPPLY MARRIAGE AGE POVERTY FEMALE LABOR FORCE PARTICIPATION YEARS OF SCHOOLING 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. 2020-10-29T13:28:07Z 2020-10-29T13:28:07Z 2020-10 Working Paper http://documents.worldbank.org/curated/en/419211603736772018/Saving-for-Dowry-Evidence-from-Rural-India http://hdl.handle.net/10986/34686 English Policy Research Working Paper;No. 9453 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper South Asia India
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	DOWRY MARRIAGE PAYMENT SAVINGS LABOR SUPPLY MARRIAGE AGE POVERTY FEMALE LABOR FORCE PARTICIPATION YEARS OF SCHOOLING
spellingShingle	DOWRY MARRIAGE PAYMENT SAVINGS LABOR SUPPLY MARRIAGE AGE POVERTY FEMALE LABOR FORCE PARTICIPATION YEARS OF SCHOOLING Anukriti, S. Kwon, Sungoh Prakash, Nishith Saving for Dowry : Evidence from Rural India
geographic_facet	South Asia India
relation	Policy Research Working Paper;No. 9453
description	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.
format	Working Paper
author	Anukriti, S. Kwon, Sungoh Prakash, Nishith
author_facet	Anukriti, S. Kwon, Sungoh Prakash, Nishith
author_sort	Anukriti, S.
title	Saving for Dowry : Evidence from Rural India
title_short	Saving for Dowry : Evidence from Rural India
title_full	Saving for Dowry : Evidence from Rural India
title_fullStr	Saving for Dowry : Evidence from Rural India
title_full_unstemmed	Saving for Dowry : Evidence from Rural India
title_sort	saving for dowry : evidence from rural india
publisher	World Bank, Washington, DC
publishDate	2020
url	http://documents.worldbank.org/curated/en/419211603736772018/Saving-for-Dowry-Evidence-from-Rural-India http://hdl.handle.net/10986/34686
_version_	1764481432184422400

Saving for Dowry : Evidence from Rural India

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