Inheritance Law Reform and Women’s Access to Capital : Evidence from India’s Hindu Succession Act

Deininger, Klaus ; Goyal, Aparajita ; Nagarajan, Hari

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This paper examines whether and to what extent amendments in inheritance legislation impact women's physical and human capital investments, using disaggregated household level data from India. The authors use inheritance patterns over three generations of individuals to assess the impact of changes in the Hindu Succession Act that grant daughters equal coparcenary birth rights in joint family property that were denied to daughters in the past. The causal effect is isolated by exploiting the variation in the timing of father's death to compare within household bequests of land given to sons and daughters in the states of Maharashtra and Karnataka. The analysis shows that the amendment significantly increased daughters' likelihood to inherit land, but that even after the amendment substantial bias persists. The results also indicate a robust increase in educational attainment of daughters, suggesting an alternative channel of wealth transfer.

Document type: Working paper
Publisher: The World Bank
Place of Publication: Washington, D.C.
Date: 2010
Date Deposited: 11 Mar 2016
Number of Pages: 41
Faculties / Institutes: Miscellaneous > Individual person
DDC-classification: Law
Controlled Keywords: Indien, Hinduismus, Erbrecht, Frau
Uncontrolled Keywords: Indien, Hinduismus, Erbrecht, Frau / India, Hinduism, Inheritance Law, Woman
Subject (classification): Law
Religion and Philosophy
Countries/Regions: India
Additional Information: © World Bank. License: Creative Commons Attribution CC BY 3.0
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