The literature suggests that the household invests in the human capital of a child member not only for altruistic … is a function of the risk preference of the household head. This paper estimates the effect of parental risk preference … on child labour decisions in the household using recall information on child labour and a risk elicitation question. We …

idiosyncratic shocks are experienced at the individual level, but responses to shocks can encompass the whole household …. Understanding and accurately modeling these responses is essential to the analysis of intra-household allocations, especially labor … disability and health status to develop a life-cycle framework which rationalizes observed responses of household members to …