Citation

Discussion Paper Details

Please find the details for DP5474 in an easy to copy and paste format below:

Full Details   |   Bibliographic Reference

Full Details

Title: Individual vs. Parental Consent in Marriage: Implications for Intra-Household Resource Allocation and Growth

Author(s): Lena Cecilia Edlund and Nils-Petter Lagerlöf

Publication Date: January 2006

Keyword(s): arranged marriage, endogenous growth, individual consent, love marriage and parental consent

Programme Area(s): Public Economics

Abstract: Marrying individuals' consent has been requirement for marriage in Europe since the Middle Ages - in most of the rest of the world parental consent reigned until at least until the 1950s. This paper investigates the role of consent in marriage for intra-household allocation of resources and growth. We argue that a shift from parental to individual consent moves resources in the same direction, favouring young men and young women over old men. If young adults have greater incentives to invest in child human capital than the old (who will be around fewer periods), this may impact on growth. We formulate a simple endogenous growth model capturing these aspects.

For full details and related downloads, please visit: https://cepr.org/active/publications/discussion_papers/dp.php?dpno=5474

Bibliographic Reference

Edlund, L and Lagerlöf, N. 2006. 'Individual vs. Parental Consent in Marriage: Implications for Intra-Household Resource Allocation and Growth'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=5474