Chen, Binkai; Lu, Ming; Zhong, Ninghua - In: World Development 70 (2015) C, pp. 133-146
migrants is 16–20% lower than that of local urban residents. We further find evidence suggesting that, caused by Hukou … restrictions, migrants save more for precautionary purposes, have lower expectation of permanent income, and consume much less … migrants are rising quickly, the constraining effects of Hukou on household consumption is increasing. …