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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
Although urban China has experienced spectacular income growth over the last two decades, increases in inequality … change in income, inequality, and poverty over the 15 year period and investigates the determinants of poverty. It is found …
Persistent link: https://www.econbiz.de/10005822037
urban areas in China are important reasons for this cross-country difference in inequality. Wage is a more non …-equalising income source in China than in Russia. While Russian public transfers reduce income inequality, Chinese public transfers … increase income inequality. Cross-country differences in the process of transition are also found to be significant. A …
Persistent link: https://www.econbiz.de/10008777148
Although urban China has experienced a rapid income growth over the last twenty years, nutrition intake for the low income group declined in the 1990s. Does this imply a zero or negative income elasticity for the low income group? This paper examines this issue using large representative sample...
Persistent link: https://www.econbiz.de/10005762136