EconPapers    
Economics at your fingertips  
 

Child marriage as informal insurance: Empirical evidence and policy simulations

Lucia Corno and Alessandra Voena

Journal of Development Economics, 2023, vol. 162, issue C

Abstract: This paper investigates the relationship between child marriage and economic incentives in a setting where the bride price – a transfer from the groom to the bride’s parents at marriage – is customary. First, we develop a dynamic model in which households are exposed to income volatility and have no access to credit markets. If a daughter marries, her household obtains a bride price. In this framework, girls may have a higher probability of marrying early when their parents have a higher marginal utility of consumption because of adverse income shocks. Second, we measure the responsiveness of child marriage to income fluctuations by exploiting variation in rainfall shocks over a woman’s life cycle, using a survey dataset from rural Tanzania. We find that adverse shocks during teenage years increase the probability of early marriages. Third, we use these empirical results to estimate the parameters of our model and isolate the role of the bride price custom for consumption smoothing. In counterfactual exercises, we show that enforcing child marriage bans can have lasting effects on the timing of marriage even after a woman has exceeded the minimal age of marriage. The utility cost to parents of such enforcement is not large. Cash transfers, both conditional on avoiding child marriage and unconditional, can reduce early marriages, especially when they target low-income households.

Keywords: Child marriage; Rainfall shocks; Bride price; Policies (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0304387823000020
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:deveco:v:162:y:2023:i:c:s0304387823000020

DOI: 10.1016/j.jdeveco.2023.103047

Access Statistics for this article

Journal of Development Economics is currently edited by M. R. Rosenzweig

More articles in Journal of Development Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2024-12-28
Handle: RePEc:eee:deveco:v:162:y:2023:i:c:s0304387823000020