Consumption Smoothing, Migration, and Marriage: Evidence from Rural India
AbstractA significant proportion of migration in low-income countries, particularly in rural areas, is composed of moves by women for the purpose of marriage. The authors seek to explain these mobility patterns based on a framework in which the marriage of daughters to locationally distant, dispersed yet kinship-related households is a manifestation of implicit interhousehold contractual arrangements aimed at mitigating income risks and facilitating consumption smoothing in an environment characterized by information costs and spatially covariant risks. Analyses of longitudinal data on consumption patterns, income, and marital arrangements in South Indian households lend support to the theory. Copyright 1989 by University of Chicago Press.
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Bibliographic InfoArticle provided by University of Chicago Press in its journal Journal of Political Economy.
Volume (Year): 97 (1989)
Issue (Month): 4 (August)
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Other versions of this item:
- Rosenzweig, Mark R. & Stark, Oded, 1987. "Consumption Smoothing, Migration and Marriage: Evidence from Rural India," Bulletins 7515, University of Minnesota, Economic Development Center.
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- Keeley, Michael C, 1977. "The Economics of Family Formation," Economic Inquiry, Western Economic Association International, vol. 15(2), pages 238-50, April.
- Lucas, Robert E B & Stark, Oded, 1985. "Motivations to Remit: Evidence from Botswana," Journal of Political Economy, University of Chicago Press, vol. 93(5), pages 901-18, October.
- Becker, Gary S, 1973. "A Theory of Marriage: Part I," Journal of Political Economy, University of Chicago Press, vol. 81(4), pages 813-46, July-Aug..
- Smith, Richard J & Blundell, Richard W, 1986. "An Exogeneity Test for a Simultaneous Equation Tobit Model with an Application to Labor Supply," Econometrica, Econometric Society, vol. 54(3), pages 679-85, May.
Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- On Powerful Macroeconomic Concepts: Consumption Smoothing
by paragwaknis in Musings of the Sorts on 2013-03-29 01:04:36
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