NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Lucia Corno

Università Cattolica del Sacro Cuore,
Department of Economics and Finance
Largo A. Gemelli, 1
20123 Milan
Italy

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NBER Working Papers and Publications

July 2017Age of Marriage, Weather Shocks, and the Direction of Marriage Payments
with Nicole Hildebrandt, Alessandra Voena: w23604
This paper studies how aggregate economic conditions affect marriage markets in developing countries where marriage is regulated by traditional customary norms. We examine how local economic shocks influence the timing of marriage, and particularly child marriage, in Sub-Saharan Africa and in India, where substantial monetary or in-kind transfers occur with marriage: bride price across Sub-Saharan Africa and dowry in India. In a simple equilibrium model of the marriage market in which parents choose when their children marry, income shocks affect the age of marriage because marriage payments are a source of consumption smoothing, particularly for a woman's family. As predicted by our model, we show that droughts, which reduce annual crop yields by 10 to 15%, have opposite effects on the ma...
 
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