聂鹏研究员有关我国家庭财富损失对居民经济福利的影响研究被AE接收 - 首页
近日,聂鹏研究员与中南财经政法大学的鄢伟波副教授有关“The impact of wealth loss on household economic well-being in China—The case of over-quota birth fines”的合作研究被Applied Economics接收。
有关该研究的概要请参见下面的abstract。
Abstract
This paper investigates the impact of wealth loss induced by over-quota birth fines on household economic well-being in China. We find that household labor supply adjusts to fertility fines primarily via the extensive margin of maternal labor supply, which is followed by higher savings rates and more remittances sent home. Fertility fines have no effects on non-food consumption; however, they significantly decrease food consumption. We propose two instrumental variables and placebo tests as identification strategies, all of which yield consistent results. Our study deepens the understanding of how households respond to over-quota birth fines and sheds light on responses to negative wealth shocks.
JEL Classification: J13, J18, D12
Keywords: Over-quota Birth Fines, Household Economic Well-Being, Labor Supply, Wealth Loss
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