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学术预告|国际金融学院学术系列(第62期)

稿件来源:国际金融学院 | 作者:ISBF | 发布日期:2018-05-03

报告人:张轶凡 副教授
题  目:How Do Households Adjust to Trade Liberalization? Evidence from China’s WTO Accession
时  间:2018年5月8日(周二)9:00-10:30
地  点:珠海校区行政楼国际金融学院915会议室
主持人: 黄新飞教授

报告简介:
We investigate the impacts of tariff reduction after the entry into WTO on local labor market outcomes and household behaviors in urban China. Regions that initially specialized in industries facing larger tariff cuts experienced slower wage growth relative to other regions. Meanwhile, households responded to this negative wage shock correspondingly. First, female and older household members worked more, especially at the non-tradable sector. Second, household size increased because more young adults co-resided with their parents. Third, households saved less. These behaviors significantly buffer the negative wage shock induced by trade liberalization. As a result, the effect of trade liberalization on consumption is much weaker than its effect on wages.
 
报告人简介:
Prof. Zhang is an Associate Professor in the Department of Economics at the Chinese University of Hong Kong. He received B.A. and M.A. from Renmin University of China and Ph.D. from University of Pittsburgh. He worked at Lingnan University before joining CUHK in 2015. His research interests are Chinese economy, international trade and FDI.