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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
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
This paper estimates the causal effect of income on health outcomes of the elderly and investigates underlying … measures of physical health, cognitive function, and psychological well-being of the rural elderly, and also reduced mortality … pension income in multiple ways: improved nutrition intake, better accessibility to health care, increased informal care …
Persistent link: https://www.econbiz.de/10013001346