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We devise and execute three experiments to test key features of models of household decision-making. Using established couples (married and unmarried) we test income pooling, unanimity and Pareto efficiency. Subjects make choices individually and jointly and are asked to make predictions about...
Persistent link: https://www.econbiz.de/10005789369
In this paper, we examine the pure exchange motive for intergenerational transfers within the family. We consider a …
Persistent link: https://www.econbiz.de/10008544711
Literacy, together with non-domestic employment, which gave women access to independent sources of income, have been regarded as important indicators of women's `status', which affected fertility and mortality outcomes. Since women in Kerala have on average, been the most literate when compared...
Persistent link: https://www.econbiz.de/10005488254
Using a sample of established couples, we conduct an experiment on household decision-making. Individual partners first make a series of dichotomous choices between household goods and vouchers for experiences and then the couple jointly face the same choices. A random lottery device is used to...
Persistent link: https://www.econbiz.de/10005623382
perceptions were defining social and societal norms at the time. The community strictly controlled the family through different … “rituals” of interference in its internal affairs. Due to its feature as a fundamental social group, the family has different … level of the society is able to influence the family either directly or indirectly. The study of society shows different …
Persistent link: https://www.econbiz.de/10011258867
is also proved by the analysis of the marital behaviour). The major events in the family life, such as baptism, marriage … family – community was deep. It could not be perceived through a fragmented and segmented analysis. From the perspective of … the family, the community was the general framework providing the “pattern”. On the other hand, the community finds its …
Persistent link: https://www.econbiz.de/10011258168
Persistent link: https://www.econbiz.de/10004076571
Recent theoretical contributions depart from the usual practice of treating individual attitude endowments as a black box, by assuming that these are shaped by the attitudes of parents and other role models. Attitudes include fundamental preferences such as risk preference, and crucial beliefs...
Persistent link: https://www.econbiz.de/10012773734
This paper considers how divorce law alters the incentives for couples to invest in their marriage, focusing on the impact of unilateral divorce laws on investments in new marriages. Differences across states between 1970 and 1980 provide useful quasi-experimental variation with which to...
Persistent link: https://www.econbiz.de/10012714580
We use unique data characterizing individual Savings for twins and non-twins in urban China to examine why the savings rates of the young are elevated relative to the middle-aged, despite rising individual life-cycle incomes. We show that inter-generational co-residence masks the true life-cycle...
Persistent link: https://www.econbiz.de/10010908068