The Risk of Polygamy and Wives’ Saving Behavior

In a polygamous society, all monogamous women are potentially at risk of polygamy. However, both the anthropological and economic literatures are silent on the potential impact of the risk of polygamy on economic decisions of monogamous wives. We explore this issue for Senegal using individual panel...

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Main Authors: Boltz, Marie, Chort, Isabelle
Format: Journal Article
Published: Published by Oxford University Press on behalf of the World Bank 2020
Subjects:
Online Access:http://hdl.handle.net/10986/34295
id okr-10986-34295
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spelling okr-10986-342952021-05-25T10:54:38Z The Risk of Polygamy and Wives’ Saving Behavior Boltz, Marie Chort, Isabelle POLYGAMY SAVINGS INTRA-HOUSEHOLD ALLOCATION CONSUMPTION SURVIVAL ANALYSIS In a polygamous society, all monogamous women are potentially at risk of polygamy. However, both the anthropological and economic literatures are silent on the potential impact of the risk of polygamy on economic decisions of monogamous wives. We explore this issue for Senegal using individual panel data. We first estimate a Cox model for the probability of transition to polygamy. Second, we estimate the impact of the predicted risk of polygamy on monogamous wives’ savings. We find a positive impact of the risk of polygamy on female savings entrusted to formal or informal institutions suggestive of self-protective strategies. This increase in savings comes at the cost of reduced consumption, both in terms of household food expenditures and wives’ private nonfood expenses. 2020-08-06T20:07:46Z 2020-08-06T20:07:46Z 2019-02 Journal Article World Bank Economic Review 1564-698X http://hdl.handle.net/10986/34295 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Published by Oxford University Press on behalf of the World Bank Publications & Research Publications & Research :: Journal Article Africa Senegal
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
topic POLYGAMY
SAVINGS
INTRA-HOUSEHOLD ALLOCATION
CONSUMPTION
SURVIVAL ANALYSIS
spellingShingle POLYGAMY
SAVINGS
INTRA-HOUSEHOLD ALLOCATION
CONSUMPTION
SURVIVAL ANALYSIS
Boltz, Marie
Chort, Isabelle
The Risk of Polygamy and Wives’ Saving Behavior
geographic_facet Africa
Senegal
description In a polygamous society, all monogamous women are potentially at risk of polygamy. However, both the anthropological and economic literatures are silent on the potential impact of the risk of polygamy on economic decisions of monogamous wives. We explore this issue for Senegal using individual panel data. We first estimate a Cox model for the probability of transition to polygamy. Second, we estimate the impact of the predicted risk of polygamy on monogamous wives’ savings. We find a positive impact of the risk of polygamy on female savings entrusted to formal or informal institutions suggestive of self-protective strategies. This increase in savings comes at the cost of reduced consumption, both in terms of household food expenditures and wives’ private nonfood expenses.
format Journal Article
author Boltz, Marie
Chort, Isabelle
author_facet Boltz, Marie
Chort, Isabelle
author_sort Boltz, Marie
title The Risk of Polygamy and Wives’ Saving Behavior
title_short The Risk of Polygamy and Wives’ Saving Behavior
title_full The Risk of Polygamy and Wives’ Saving Behavior
title_fullStr The Risk of Polygamy and Wives’ Saving Behavior
title_full_unstemmed The Risk of Polygamy and Wives’ Saving Behavior
title_sort risk of polygamy and wives’ saving behavior
publisher Published by Oxford University Press on behalf of the World Bank
publishDate 2020
url http://hdl.handle.net/10986/34295
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