A Loveless Economy? Intergenerational Altruism and the Marriage Market in a Tuscan Town, 1415–1436

Maristella Botticini

The Journal of Economic History, 1999, vol. 59, issue 1, 104-121

Abstract: This article examines the role of dowries and highlights the variables that affected the size of dowries in fifteenth-century Tuscany. The estimation, which matches the households found in the marriage contrascts with the corresponding households in the Florentine Catasto of 1427, offers support for the present net value hypothesis and for the altruism model. Results indicate a positive correlation between a bride's dowry size and her age when used as peoxy for her contribution to the marital household. Parents also provided their daughters with larger dowries when they married “down” into relatively less wealthy or socially prominent households.

Date: 1999
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