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This paper argues that urbanization reshapes individual's risk preference by exerting self-selection and assimilation effects. Taking advantage of the unique hukou system in the People's Republic of China, we initiate a quasi-experiment method to elicit the two effects, employing the 2013-wave...
Persistent link: https://www.econbiz.de/10011635395
multiple provinces, comparing the province of maximum predicted earnings to the province of residence and assessing the … predicted maximum earnings in divisions other than their home division that exceeded their predicted home division earnings by … more than 20%. In contrast, 45% of Chinese urban workers in 1988 predicted maximum earnings in provinces outside their home …
Persistent link: https://www.econbiz.de/10011867074
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
The paper presents an alternative approach to explain why regional productivity is different across regions by … creative class can promote regional productivity. Our analysis confirms the importance of spatial agglomeration of the creative … class in stimulating regional productivity. The results also imply that regional productivity is greater in markets with …
Persistent link: https://www.econbiz.de/10014153412
indicate that the choice of employment is positively related to unobserved determinants of migration. This result implies that … estimating employment choices without controlling for migration status leads to biased estimates. Most rural migrants appear …
Persistent link: https://www.econbiz.de/10010734756
indicate that the choice of employment is positively related to unobserved determinants of migration. This result implies that … estimating employment choices without controlling for migration status leads to biased estimates. Most rural migrants appear …
Persistent link: https://www.econbiz.de/10010289933
indicate that the choice of employment is positively related to unobserved determinants of migration. This result implies that … estimating employment choices without controlling for migration status leads to biased estimates. Most rural migrants appear …
Persistent link: https://www.econbiz.de/10009656605
indicate that the choice of employment is positively related to unobserved determinants of migration. This result implies that … estimating employment choices without controlling for migration status leads to biased estimates. Most rural migrants appear …
Persistent link: https://www.econbiz.de/10013098453
As massive rural residents leave their home countryside for better employment, migration has profound effects on income … of education. As permanent migration takes more mass from the upper half of rural income density, both rural income level …
Persistent link: https://www.econbiz.de/10010269876
As massive rural residents leave their home countryside for better employment, migration has profound effects on income … of education. As permanent migration takes more mass from the upper half of rural income density, both rural income level …
Persistent link: https://www.econbiz.de/10008568312