The Impact of Migration Controls on Urban Fiscal Policies and the Intergenerational Transmission of Human Capital in China

 

 

Time：9:00 am - 10:30 am, Oct. 30th, 2020

Speaker：Holger Wolfgang Sieg

(Professor of Economics, Department of Economics, University of Pennsylvania)

Platform：Tencent Meeting

Link：https://meeting.tencent.com/s/Ipe2L6gBYZ3f

ID: 868 6778 9526

 

Abstract:

Using newly available data, we document that internal migrants do not enjoy the same access to local public goods and services as city residents in China. We estimate a spatial overlapping generations model with heterogeneous households to quantify the impact of the Hukou system on urban fiscal policies and access to educational opportunities. We find that migrants provide large fiscal externalities to all major cities. We show the feasibility of alternative internal migration policies that offer the potential of decreasing the inequality within China while at the same time increasing the overall level of human capital in the economy.

 

Speaker:

Professor Holger Wolfgang Sieg is a professor of the Department of Economics at University of Pennsylvania. Professor Sieg is an internationally renowned economist who obtained his Diploma in Economics from the University of Bonn in 1992 and received a Ph.D. from Carnegie-Mellon University in 1996. He joined the University of Pennsylvania in 2010. His research has been funded by numerous grants from the National Science Foundation as well as grants from the National Institutes of Health, the Institutes of Educational Sciences, the Environmental Protection Agency, and the McArthur Foundation. He has published extensively in leading journals on topics related to public, urban, and labor economics as well as the economics of education. He is the author of innovative textbook Urban Economics and Fiscal Policy published by Princeton University Press.