Electrochromic devices (ECD) are widely used to regulate the transmittance of sunlight by applying a small voltage, but the drawbacks like complex layer-by-layer preparation procedures and inconvenient assembling process still exist. To address these problems, gel or solution-type all-in-one ECDs were recently developed for the simple structure, however, the leakage risk and absence of flexible large-area production have limited real applications. Herein, a novel all-solid-state and all-in-one flexible ECD was reported by originally developed polymer dispersed electrochromic device (PDECD) strategy.
View Article and Find Full Text PDFWe estimate the causal effect of income on happiness using a unique dataset of Chinese twins. This allows us to address omitted variable bias and measurement errors. Our findings show that individual income has a large positive effect on happiness, with a doubling of income resulting in an increase of 0.
View Article and Find Full Text PDFEcon J (London)
November 2015
An open question in the literature is whether families compensate or reinforce the impact of child health shocks. Discussions usually focus on one dimension of child investment. This paper examines multiple dimensions using household survey data on Chinese child twins whose average age is 11.
View Article and Find Full Text PDFAdult health outcomes and health behaviors are often associated with schooling. However, such associations do not necessarily imply that schooling has causal effects on health with the signs or magnitudes found in the cross-sectional associations. Schooling may be proxying for unobserved factors related to genetics and family background that directly affect both health and schooling.
View Article and Find Full Text PDFIn China, the male-biased sex ratio has increased significantly. Because the one-child policy applies only to the Han Chinese but not to minorities, this unique affirmative policy allows us to identify the causal effect of the one-child policy on the increase in sex ratios by using a difference-in-differences (DD) estimator. Using the 1990 census, we find that the strict enforcement of the one-child policy led to 4.
View Article and Find Full Text PDFThe propensity to take risk underpins a wide variety of decision-making behavior, ranging from common ones such as asking for directions and trying out a new restaurant to more substantial economic decisions involving, for instance, one's investment or career. Despite the fundamental role of risk attitude in the economy, its genetic basis remains unknown. Using an experimental economics protocol combined with a classical twin strategy, we provide the first direct evidence of the heritability of economic risk attitude, at 57%.
View Article and Find Full Text PDFTesting the trade-off between child quantity and quality within a family is complicated by the endogeneity of family size. Using data from the Chinese Population Census, we examine the effect of family size on child educational attainment in China. We find a negative correlation between family size and child outcome, even after we control for the birth order effect.
View Article and Find Full Text PDFThis paper presents an economic model to explain the behavior of life expectancy of both sexes. It explicitly examines the relationship between the gender gap in life expectancy and the gender gap in pay. It shows that as the latter narrows over the course of economic development, the former may initially expand but will eventually shrink.
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