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We study household decision making in a high-stakes experiment with a random sample of households in rural China. Spouses have to choose between risky lotteries, first separately and then jointly. We find that spouses' individual risk preferences are more similar the richer the household and the...
Persistent link: https://www.econbiz.de/10005070428
The paper contributes to the measurement of poverty and vulnerability in three ways. First, we propose a new approach to separating poverty into chronic and transient components. Second, we provide corrections for the statistical biases introduced when using a small number of periods to estimate...
Persistent link: https://www.econbiz.de/10005763836
Using several waves of the China Health and Nutrition Survey (CHNS), this study analyzes the effect of long work hours … on health and lifestyles in a sample of 18- to 65-year-old Chinese workers. Although working long hours does … significantly increase the probabilities of high blood pressure and poorer reported health, the effects are small. Also small are …
Persistent link: https://www.econbiz.de/10011210814