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The Economics Of Dowry: Causes And Effects Of An Indian Tradition, Tonushree Jaggi Jan 2001

The Economics Of Dowry: Causes And Effects Of An Indian Tradition, Tonushree Jaggi

University Avenue Undergraduate Journal of Economics

I argue that dowries exist because of a combination of two reasons. First, there is an excess supply of women in the Indian marriage market that results in the use of dowry as an equilibrating mechanism. Secondly, a differential in the patterns of human capital accumulation of men and women have led to a larger positive benefit from marriage for women than for men, the net difference of which is theoretically equivalent to the amount of the dowry. Both these explanations for the existence of dowry are fundamentally grounded in the powerful social and cultural ideologies of marriage held by …


The Great Divide: A Comparison Of Kentucky And Ohio Counties Along The Ohio River (1840-1860), Jennie Berry Jan 2001

The Great Divide: A Comparison Of Kentucky And Ohio Counties Along The Ohio River (1840-1860), Jennie Berry

University Avenue Undergraduate Journal of Economics

This paper operates under an opposite assumption and, instead, argues that the Kentucky-Ohio border is an ideal test case for the null hypothesis that the institution of slavery per se had no significant economic effects. Kentucky and Ohio counties tracing the Ohio River are composed of the same soil and face similar weather conditions (Blanford, 2001; Barnhisel, 2001; Foster, 2001). Both regions likewise claim the same geographical access to outside markets.