their choice has an externality on third parties. One typical application is a household. We run an experiment in the German … household member, but shy away from exposing others to risk. We model the situation, and we find four distinct types of …

their choice has an externality on third parties. One typical application is a household. We run an experiment in the German … household member, but shy away from exposing others to risk. We model the situation, and we find four distinct types of …

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 …

households. Using data from the Bank of Italy's Survey on Household Income and Wealth covering the financial crisis, we are able … separately. We find that Italian households were able to smooth on average about 85% of shocks to household head's earnings in …/dissavings (40% and 47% in 2008-2010 and 2010-2012, respectively), and within‐household risk‐sharing (16% and 14%). Interestingly …

on household earnings from the U.S. Internal Revenue Service. By analyzing total household labor earnings as well as each … ameliorates household earnings risk through both extensive and intensive margins …

household member is at risk of losing his/her job, the partner is 30% more likely to enter the labour market (extensive margin …

with cash transfer policies. It also suggests that in a noncooperative set up, where household members do not share their … financial information, resources tend to be under-allocated in household public goods such as children. …