![]() ![]() ![]() In this blog, we discuss how future dowry payments influence household decision-making and intertemporal resource allocation (Anukriti et al 2020). We use data from the 2006 REDS on 17,000 marriages that took place during 1986-2007. Yet, there is no prior evidence on the magnitude of the impact of the institution of dowry on parents’ saving behavior. It is widely believed that Indian parents start saving for dowry as soon as a daughter is born. Dowry imposes a substantial burden on girls’ families as it can often amount to several years of household income. ![]() Although the Dowry Prohibition Act of 1961 prohibits the giving or taking of dowry in India, according to the 2006 Rural Economic and Demographic Survey (REDS), dowry was paid in 95% of marriages during 1960-2008. The first part is available here: The evolution of dowry in rural India: 1960-2008īride-to-groom transfers at the time of marriage is an ancient custom that remains widely prevalent in contemporary developing societies, such as India. This is the second blog of a two-part series on dowry in rural India. ![]()
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