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- W3207955952 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." @default.
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- W3207955952 date "2020-01-01" @default.
- W3207955952 modified "2023-09-27" @default.
- W3207955952 title "Saving for Dowry : Evidence from Rural India" @default.
- W3207955952 hasPublicationYear "2020" @default.
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