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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/10013160304
Many economic decisions are made jointly within households. This raises the question about spouses' relative influence on joint decisions and the determinants of relative influence. Using a controlled experiment (on inter-temporal choice), we let each spouse first make individual decisions and...
Persistent link: https://www.econbiz.de/10013139044
Though the positive income gradient of child health is well documented in developed countries, evidence from developing … countries is rare. Few studies attempt to identify a causal link between family income and child health. Utilizing unique … longitudinal data from the China Health and Nutrition Survey, we have found a positive, age-enhancing income gradient of child …
Persistent link: https://www.econbiz.de/10013138254