This study uses micro data and an OLG model to show that general equi- librium forces are critical for understanding the relationship between aggregate fertility and household savings. [BREAD WP No. 415].

The authors analyze the optimal reserve price in a second price auction when there are N types of bidders whose valuations are drawn from different distribution functions. The seller cannot determine the specific type of each bidder. First, the authors show that the number of bidders affects the...

[fre] Dans cet article, l’écart de salaire horaire moyen entre les salariés hommes et femmes du secteur privé en France en 1992 est analysé en utilisant une méthode de décomposition qui tient compte à la fois des différences de salaire à l’intérieur d’une catégorie d’emplois...

This paper studies the policy determinants of economic transition and estimates the demand for labor in the infant private sector in urban China. We show that a reform that untied access to housing in urban areas from working for the state sector accounts for more than a quarter of the overall...

In the laboratory experiment reported in this paper we explore how evolving institutions and social norms, which we label 'culture', change individuals' preferences and behaviour in mainland China. From 1949 China experienced dramatic changes in its socio-economic institutions. These began with...

Between 1966 and 1976, China experienced a Cultural Revolution (CR). During this period, the education of around 17 birth cohorts was interrupted by between 1 and 8 years. In this paper we examine whether, and by how much, this large-scale schooling interruption affected their children's...

Over the past two decades, more than 160 million rural residents have migrated to cities in China. They are usually separated from their rural families and work in an unfamiliar, and sometimes hostile, city environment. This paper investigates to what extent city social networks alleviate mental...

This paper analyses the relation between individual migrations and the risk attitudes of other household members when migration is a household decision. We develop a simple model that implies that which member migrates depends on the distribution of risk attitudes among all household members,...

In the past 15 years around 160 million Chinese rural workers migrated to cities to work. Because of restrictions on migrant access to local health and education system a large cohort of migrant children are left-behind in rural villages and growing up without parental care. This paper examines...