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This paper examines the impact of a child's gender on the time allocation of rural Indian households for the five-year period subsequent to its birth. A theoretical model generates predictions for the effect of the birth of a boy relative to a girl (i.e., the gender shock) on household behaviour...
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People’s value for their own time is a key input in evaluating public policies: evaluations should account for time taken away from work or leisure as a result of policy. Using rich choice data collected from farming households in western Kenya, we show that households exhibit non-transitive...
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A continuous-time sequential job search model with savings and CARA preferences is solved analytically without resorting to unlimited borrowing and real-valued consumption. I isolate the effects of limited borrowing and nonnegative consumption as well as risk-aversion on the reservation wage by...
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