model incorporating England's and China's distinct pre-modern risk-sharing institutions. The model predicts a transition in … England and not China even with equal levels of risk sharing. Under the clan-based Chinese institution, the relatively risk …We analyze the role of risk-sharing institutions in transitions to modern economies. Transitions requires individual …

China's household saving rate has increased markedly since the mid-1990s and the age-saving profile has become U … households, respectively, to raise their saving rates. These two factors account for over half of the increase in China's urban …

occurred largely in May 1989 in Beijing, China. Using monthly micro panel data, we present evidence that a surge in political … uncertainty resulted in significant temporary increases in savings among urban households in China. Households responded mainly by … behavior. By focusing on time variation in uncertainty, our identification strategy avoids many of the potential problems in …

Using a field experiment in China, we study whether migration status is correlated with attitudes toward risk … from non-migrants in risk and ambiguity preferences elicited using pairs of lotteries; however, migrants are significantly … competitive environment than by risk attitudes under state uncertainty …

The link between time-of-day and productivity on cognitive tasks is crucial to understand workplace efficiency and … semester. Exams are scheduled at different time-of-day in a quasirandom fashion. We find that peak performance occurs around … lunchtime (1.30pm), as compared to morning (9am) or late afternoon (4.30pm). This inverse-U shape relationship between time …

Eating requires the food materials that make up meals and also time devoted to buying food, preparing meals and eating … them, and cleaning up afterwards. Using time-diary and expenditure data for the U.S. for 1985 and 2003, I examine how … income and time prices affect time and goods inputs into this household-produced commodity. Focusing on these two years …

children's well-being: time and money. We document trends in parental employment, from the perspective of children, and show … typical two-parent family but not for those in lone-parent households. Time use data from 1975 and 2003-2008 reveal that … working parents spend less time engaged in primary childcare than their counterparts without jobs but more than employed peers …

that time limits on receipt of Temporary Assistance for Needy Families have on female-headed family outcomes, including … welfare use, employment and living arrangements. The effects of time limits depend on the stock of remaining months of … eligibility, which in turn depends on the state time limit and on family's welfare use since the policy was implemented. Since the …