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model incorporating England's and China's distinct pre-modern risk-sharing institutions. The model predicts a transition in …We analyze the role of risk-sharing institutions in transitions to modern economies. Transitions requires individual …-level, idiosyncratic risk implies that distinct risk-sharing institutions - even those providing the same level of insurance - can lead to …
Persistent link: https://www.econbiz.de/10013127725
existing studies, we analyze the sources and causes of China's high and rising saving rates in the government, corporate, and … household sectors. Although the causes of China's high saving are complex, we suggest that the evolving economic, demographic …
Persistent link: https://www.econbiz.de/10013130462
Harmonised microdata show a Gini coefficient for per capita total income of 45.3 percent in China 2002 and 33.6 percent … 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 …
Persistent link: https://www.econbiz.de/10013134822
This paper assesses the applicability of two alternative theories in understanding labor market developments in China … validate the arrival of the Lewis turning point in China, showing continuous and coordinated wage growth across rural and urban … markets in China …
Persistent link: https://www.econbiz.de/10013134983
China's household saving rate has increased markedly since the mid-1990s and the age-saving profile has become U … households, respectively, to raise their saving rates. These two factors account for over half of the increase in China's urban …
Persistent link: https://www.econbiz.de/10013135632
China using a new sample of middle aged and older Chinese respondents. Modeled after the American Health and Retirement …
Persistent link: https://www.econbiz.de/10013135829
endogeneity problem our results show that rural migrants in urban China have modest positive or zero effects on the average …
Persistent link: https://www.econbiz.de/10013136488
offspring of mothers who experienced the China Great Leap Forward Famine. The direct impact on entrance to senior high school is …
Persistent link: https://www.econbiz.de/10013137786
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
This paper examines the gender differential in the payoff to schooling in China. The analyses are conducted separately … education in rural China is much higher for females than for males. Associated with this, the wage penalty where workers are … females in rural China. These findings are interpreted using the explanations offered for the gender differential in the …
Persistent link: https://www.econbiz.de/10013138269