This discussion paper resulted in an article in 'Economic Development and Cultural Change', 2011, 60, 121-154. <P> In this paper we focus on the timing of marriages of women, whose marriages are associated with bride wealth payments, which are transfers from (the family of) the groom to the bride's...</p>

The test on the presence of full insurance that is commonly employed does not take intoaccount that households also rely on buffer stocks to shield their consumption from incomeshocks. In this paper a test is developed that deals with this omission. It is shown that in thepresence of partial...

The test for the presence of full insurance employed by Townsend [Econometrica, 63(3), 539--91, 1994] and various others does not take into account that households rely on buffer stocks to shield their consumption from income shocks. In this paper it is shown how, in the presence of partial...

This study analyzes how childhood health determines future academic performance in the Kagera region in Tanzania. Academic outcomes considered are years of education and delay in enrollment, and the measure of childhood health is height (relative to the median). The repercussions of malnutrition...

Using household survey data for 1998, the authors assess the distributional impact of the recent economic crisis in the Philippines. The results suggest that the impact of the crisis was modest, leading to a five percent reduction in average living standards, and a nine percent increase in the...

Existing informal insurance arrangements are generally able to deal with information and enforcement problems but are unable to create large risk pools. This makes these arrangements ineffective against many types of (covariate) risks. The marriage system of the Shona in Zimbabwe, in which bride...

The obligation to pay bride wealth at marriage is usually associated with the continuation of the lineage or considered a compensation for the loss of labor for the family that provides the bride. In this paper a different interpretation is advanced. The obligation to pay of bride wealth is seen...