We study the effect of wealth on individual and household labor supply using a large, newly-collected sample of lottery players in Sweden. Using high-quality administrative data for roughly 2.5 million lottery players, we find that winning a lottery prize modestly reduces labor earnings, with the effects roughly constant over time and persisting more than 10 years. We find both intensive and ex...

A customary gender division of labor is one in which women and men are directed towards certain tasks and/or explicitly prohibited from performing others. We offer an explanation as to why the gender division of labor is so often enforced by custom, and why customary gender divisions of labor generally involve both direction and prohibition. Our model builds on the literature on the marital hol...

As is well known (and seen in a previous post), compilers optimize unsigned division by constants into multiplication by a "magic number." But not all constants are created equal, and approximately 30% of divisors require magic numbers that are one bit too large, which necessitates special handling (read: are slower). Of these 30%, slightly less than half (46%) are even, which can be handled at...

On Modeling Household Labor Supply with Taxation Discrete-choice models provide a simple way of representing utility-maximizing labor supply decisions in the presence of highly nonlinear and possibly non-convex budget constraints. Thus, it is not surprising that they are so extensively used for ex-ante evaluation of taxbenefit reforms. The question asked in this paper is whether it is possible ...

Rural migration and its relationship to the rural environment have attracted increasing research interest in recent decades. Rural migration constitutes a key component of human population movement, while rural areas contain most of the world's natural resources such as land and forests. This study empirically evaluates a conceptual framework incorporating rural household livelihoods as an inte...

Impact of Paternal Temporary Absence on Children Left Behind Using the first two waves of the Vietnam Living Standards Survey, we investigate how a father’s temporary absence affects children left behind in terms of their school attendance, household expenditures on education, and nonhousework labor supply in the 1990s. The estimating subsample is children aged 7-18 in households in which both ...

Change in income inequality in Taiwan from 1964 to 1995 is sensitive to how household incomes are adjusted for household composition. The reasonable practice of dividing household income by persons (or adults) in the household eliminates the widely noted increase in income inequality from 1980 to 1995, and calls into question whether income inequality decreased substantially from 1964 to 1975. ...

Conditional cash transfer programs have spread to over 80 countries in the past two decades, but little is known about their long-term effects on the youth they target. This paper estimates the impact of childhood exposure to the Mexican program Progresa on economic outcomes in early adulthood by leveraging the age structure of program benefits and geographic variation in early program penetrat...

Even though labor income represents about two thirds of disposal income to household, its role has largely been neglected by asset pricing models. In this paper, we solve a general equilibrium model which can both rationalize important feature of labor markets as well as financial markets. To this end, we embed labor market search frictions into a business cycle model where the representative h...