The intersection of the standard altruism hypothesis with the quite strong evidence that bequests tend to be equal suggests that inter-vivos transfers should be strongly compensatory. Yet the available evidence is not in congruence with this implication. It has therefore been inferred that the...

We look at liquidity constraints and the financing of household investment in fixed assets. We find that rural households in our sample, especially the poor, seem to face liquidity constraints. The constraints are partially mitigated by kinship networks in the village. When we further analyze...

It is now common for parents and relatives of an individual seeking to have an arranged marriage to set up one or more meetings between this individual and prospective spouses. As a result of these meetings, prospective spouses get exposed to this marrying individual. Even though this exposure...