Standard estimates of risk premiums in traditional linear asset pricing models are subject to bias, primarily because …

mobility. This paper tests these predictions in India and China using data not subject to coresidency bias. The evidence … evidence of pure son preference in rural India. The girls in rural China do not face bias in financial investment by parents …This paper incorporates gender bias against girls in the family, school and labor market in a model of …

evidence of pure son preference in rural India.The girls in rural China do not face bias in financial investment by parents …We incorporate gender bias against girls in the family, the school and the labor market in amodel of intergenerational … irrelevance theorem: parental bias does not affect relative mobility. Withdiminishing returns and complementarity, the CEF can be …

This paper is one of the first comprehensive attempts to compare earnings in urban China and India over the recent … effects explains why Chinese wages have caught up, especially since the mid-1990s. The price effect is only partly explained … the wage distribution. -- China ; India ; earnings ; returns to education ; quantile regression ; Oaxaca …

How important is the exercise of classical monopsony power against labor for the level of wages and labor's share? We … examine this in the context of China and India – two large, rapidly-growing developing economies. Using theory, we develop a … novel screen to quantify how wages are affected by market power exerted in labor markets, either by a single firm or a group …

How important is the exercise of classical monopsony power against labor for the level of wages and labor's share? We … examine this in the context of China and India - two large, rapidly-growing developing economies. Using theory, we develop a … novel screen to quantify how wages are affected by market power exerted in labor markets, either by a single firm or a group …