题目：Labor Market Experience and Returns to Education in Fast Growing Economies

报告人：吴斌珍

时间：2017年5月26日15:00-16:15

地点：暨南大学中惠楼106B会议室

主办方：暨南大学经济与社会研究院

报告人简介：吴斌珍，清华大学经管学院经济系副教授。2006年获威斯康星大学麦迪迅分校经济学博士。研究领域包括公共经济学、发展经济学、教育经济学、应用微观经济学。主持过国家自科基金和清华大学自助的科研项目。在Games and Economic Behavior、Journal of Development Economics、Journal of Comparative Economics、Journal of Economic Perspectives、American Economic Review Papers and Proceeding、Economic Development and Cultural Change、China Quarterly等国际期刊和《经济研究》《中国社会科学》《经济学季刊》《金融研究》《世界经济》等国内期刊发表过学术论文。

Abstract: China's college admissions increased by seven times in a decade. While the college premium for young workers declined, that for senior workers increased in the same period. In our general equilibrium model, a rising demand for skills (education and experience) explains both trends. Because the supply of education is elastic, a demand shock leads to college expansion, depressing the college premium for young workers. With an inelastic supply, experienced workers continue to enjoy a rising premium. Despite the low immediate college premium, young individuals continue to flood into colleges because they foresee high lifetime returns. Simulations match empirical results well.