Traditional Institutions in Modern Times: Dowries as Pensions When Sons Migrate*
成果类型:
Article
署名作者:
Bau, Natalie; Khanna, Gaurav; Low, Corinne; Voena, Alessandra
署名单位:
University of California System; University of California Los Angeles; National Bureau of Economic Research; Centre for Economic Policy Research - UK; University of California System; University of California San Diego; University of Pennsylvania; Stanford University; Stanford University
刊物名称:
QUARTERLY JOURNAL OF ECONOMICS
ISSN/ISSBN:
0033-5533
DOI:
10.1093/qje/qjaf041
发表日期:
2026
关键词:
Marriage market
Heterogeneity
insurance
education
payments
beliefs
culture
RIGHTS
women
LAND
摘要:
This paper uses newly collected data on the allocation of dowry to examine its role in resolving intergenerational frictions around migration in India. Migration disrupts traditional elderly support structures, in which sons live near their parents and care for them in old age. We develop a model in which dowry can promote migration by allowing sons to make upfront transfers to their parents and ease constraints on income sharing. To test this hypothesis, we collect two new data sets that measure the distribution of dowry between family members. We document for the first time that net transfers of dowry to a man's parents are common but far from universal. Consistent with using dowry for income sharing, such transfers occur more often when sons migrate, especially when they work in higher-earning occupations. In nationally representative data, migration rates are higher in areas with stronger historical dowry traditions. Finally, exploiting a large-scale highway construction program, we show that men from areas with stronger historical dowry traditions migrate more when migration costs fall. Our findings provide some clues as to why dowry persists despite its well-documented adverse consequences.