Arbeitspapier

The impact of pre-marital sex ratios on household saving in two Asian countries: The competitive saving motive revisited

This paper estimates a household saving rate equation for India and Korea using long-term time series data for the 1975-2010 period, focusing in particular on the impact of the pre-marital sex ratio on the household saving rate. To summarize the main findings of the paper, it finds that the pre-marital sex (or gender) ratio (the ratio of males to females) has a significant impact on the household saving rate in both India and Korea, even after controlling for the usual suspects such as the aged and youth dependency ratios and income. It has a negative impact in India, where the bride's side has to pay substantial dowries to the groom's side at marriage, but a positive impact in Korea, where, as in China, the groom's side has to bear a disproportionate share of marriage-related expenses including purchasing a house or condominium for the newlywed couple.

Sprache
Englisch

Erschienen in
Series: ISER Discussion Paper ; No. 975

Klassifikation
Wirtschaft
Consumer Economics: Empirical Analysis
Household Saving; Personal Finance
Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
Macroeconomics: Consumption; Saving; Wealth
Demographic Trends, Macroeconomic Effects, and Forecasts
Marriage; Marital Dissolution; Family Structure; Domestic Abuse
Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
Thema
Age structure of the population
competitive saving motive
dowries
gender ratio
household saving rate
life cycle hypothesis
marriage expenses
pre-marital sex ratio
population control
saving for education
saving for marriage
saving rate
sex ratio
son preference
wedding expenses
Korea
India

Ereignis
Geistige Schöpfung
(wer)
Horioka, Charles Yuji
Terada Hagiwara, Akiko
Ereignis
Veröffentlichung
(wer)
Osaka University, Institute of Social and Economic Research (ISER)
(wo)
Osaka
(wann)
2016

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
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Objekttyp

  • Arbeitspapier

Beteiligte

  • Horioka, Charles Yuji
  • Terada Hagiwara, Akiko
  • Osaka University, Institute of Social and Economic Research (ISER)

Entstanden

  • 2016

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