Families play an important role in providing insurance against adverse shocks, but little is known about how shocks affect the family structure itself. We study the impact of a labor market shock on divorce and intra-household allocation of resources, exploiting a naturalexperimental earthquake...

This paper reexamines the question of gender differences in financial relative risk aversion using updated methods and data. Specifically, the paper revisits the 1998 work "Are women more risk averse?" by Jianakoplos and Bernasek, suggests refinements in their model in relation to the database...

Does the presence of a partner affect individuals' propensity to participate in the stock market? In this paper, we estimate the effect of cohabiting with a partner on stock market participation using rich administrative data from Denmark. It is a well-known puzzle that few people participate in...

This paper examines how expecting to receive an inheritance impacts household savings decisions. Life-cycle consumption models indicate that the expectation of inheriting should reduce current savings plans for forward-thinking consumers. We investigate how inheritance expectations shape savings...

I investigate the intra-household labor and resource allocation consequences of an employment guarantee targeting rural households in India. The guarantee insures household earnings, replacing women as added workers and shutting down a motive for saving. Despite sizable program-job take-up, the...

In this study, we investigate the role of matrilineal kinship norms for gender gaps in labor market outcomes. We analyze the implementation of a reform that significantly altered the customary inheritance system by restricting practices within matrilineal ethnic groups, while those of...

This paper examines trends in household financial strain across Europe from 2006 to 2022, a period marked by three major economic shocks: the 2008 financial crisis, the COVID-19 pandemic, and the ongoing cost-of-living crisis. Using a subjective measure of welfare, financial strain, we analyse...

Little is known about the extent and drivers of information flow within couples and whether spouses hold aligned expectations about the same outcomes. To provide new evidence, we conduct an online survey of 2,200 middle-aged married couples in the U.S. Our focus is on expectations about Social...

How do intrahousehold dynamics affect the investment of female entrepreneurs? This paper presents findings from a randomized controlled trial in Ghana that assesses the impacts of four alternative support mechanisms on women-owned businesses: (a) an unconditional grant provided through a mobile...

We study how changes in couples' relative wages affect the division of childcare. Using a nationwide wage reform that raised pay in the female-dominated teaching profession, we find that closing 25% of the earnings gap between female teachers and their male spouses led to a 12% reduction in the...

The Philippine government's long-term vision, AmBisyon Natin 2040, aims for a prosperous, predominantly middle-class society where no one is poor. The Philippine Development Plan 2023- 2028 emphasizes strategies to develop and protect individual and family capabilities by reducing...

Nuclear households remain the dominant form of household type in the Philippines, but we note a rising number of extended and multi-family households, which have important implications on housing policy and demographic trends in the country. This study examines the factors influencing the...

Women's education and empowerment have engaged the interest of policymakers and academics for many years. We employ individual-level data from Ghana and Uganda in this paper to offer a comparative analysis of the impact of women’s education and empowerment on six household welfare indicators:...

Flexible work schedules and telecommuting may help to improve the combination of work and family. This is arguably most important in households with (young) children. An open question is whether job flexibility can increase the well-being of the children, which depends, in part, on the time...

Gender gaps in labor supply and household responsibilities persist. Using representative survey data from 24,000 respondents across six countries, this paper explores the actual and perceived preferences of men for couple equity. We document that in all six countries the majority of men state...

Gender gaps in labor supply and household responsibilities persist. Using representative survey data from 24,000 respondents across six countries, this paper explores the actual and perceived preferences of men for couple equity. We document that in all six countries the majority of men state...

Flexible work schedules and telecommuting may help to improve the combination of work and family. An open question is whether job flexibility can increase the well-being of the children, which depends on parental time spent on childcare. We propose a rich collective model describing the...

Commuting is a significant aspect of workers' daily routines and is associated with various negative outcomes. Traditional literature often models commuting from an urban perspective, focusing on the trade-off between commuting and housing. This paper offers an alternative view by using a...

Using novel time-use data from Germany before and after reunification, we document two facts: First, spouses who both work full-time exhibit similar housework patterns whether they do so voluntarily or due to a full-time mandate, as in the GDR. Second, men's amount of housework is independent of...

We explore the link between child gender and household financial decisions within a cultural environment that strongly favours having a son. Using data from the China Household Finance Survey (CHFS), we find that the presence of a daughter is associated with a lower saving rate, consistent with...

We study how the presence of promotion competition in the labor market affects household specialization patterns. By embedding a promotion tournament model in a household setting, we show that specialization can emerge as a consequence of competitive work incentives. This specialization outcome,...