X < back
X
Search
Home/Seminar

英文首页

Rachel Ngai: Mobility Barriers and Employment Allocations

2018-11-29

China’s Mobility Barriers and 

Employment Allocations

 

Time: 4:00pm-5:30pm, Nov. 2nd, 2018

Venue: Room 359S, Overseas Exchange Center, Peking University

Speaker: Rachel Ngai (Department of Economics, the London School of Economics and Political Science)

 

Abstract:

China’s hukou system imposes two main barriers to population movements. Agricultural workers get land to cultivate but are unable to trade it in a frictionless market. Social transfers (education, health, etc.) are conditional on holding a local hukou. We show that the land policy leads to over-employment in agriculture and it is the more important barrier to industrialization. Effective land tenure guarantees and a perfect competitive rental market would correct this inefficiency. The local restrictions on social transfers favour rural enterprises over urban employment with a relatively smaller impact on industrialization.

 

Speaker:

Rachel Ngai is Associate Professor of Economics at the Department of Economics of London School of Economics and Political Science (LSE), and is also the Research Fellow at the Centre for Economic Policy Research (CEPR) and member of Centre for Macroeconomics (CFM). Professor Ngai specializes in macroeconomics, growth and development, structural transformation, labor markets and housing markets. She has published extensively in top economic journals, including American Economic Review, Journal of Monetary Economics, American Economic Journal – Macroeconomics, Journal of Economic Growth, and Review of Economic Dynamics. Professor Ngai received her PhD in Economics from the University of Pennsylvania in 2001. She joined the London School of Economics and Political Science (LSE) in 2001. She was awarded the Excellency in Refereeing Award by Review of Economic Studies in 2014 and won the American Economic Journal – Macroeconomics, Best Paper award in 2018.