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12.10 经济系Seminar：Human Capital versus Physical Capital in the Marriage Market
发布时间：2015-11-25
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讲座题目：Human Capital versus Physical Capital in the Marriage Market
演讲嘉宾：易君健
讲座时间：2015年12月10日（星期四） 下午3：00—4：30
讲座地点：后主楼1620
[ABSTRACT] Anderson and Bidner (QJE, 2015) theoretically predict that marriage payments are more attractive to partners than human capital in the marriage market with marital contracting frictions. We test the prediction by exploring parental responses to the sex-ratio imbalance in China, where marital contracting frictions are high as divorce rates are low. We find that when sex ratio biases towards males, parents of sons, compared to those of daughters, invest more physical capital to improve their sons’ marriage prospect; in contrast, they barely increase, if not decrease, investments in their sons’ human capital. Our empirical results are consistent with Anderson and Bidner. We finally discuss the policy implication of parental resource allocation inefficiency resulting from the sex-ratio imbalance for boys’long-run human capital development in China.
嘉宾简介：
易君健，新加坡国立大学经济系助教授、IZA研究员，香港中文大学经济学博士，曾于芝加哥大学经济系从事博士后研究，主要研究领域为劳动与人口经济学、经济发展、人力资本、中国经济。研究论文发表在Economic Journal，Review of Economics and Statistics, China Economic Review等。
演讲嘉宾：易君健
讲座时间：2015年12月10日（星期四） 下午3：00—4：30
讲座地点：后主楼1620
[ABSTRACT] Anderson and Bidner (QJE, 2015) theoretically predict that marriage payments are more attractive to partners than human capital in the marriage market with marital contracting frictions. We test the prediction by exploring parental responses to the sex-ratio imbalance in China, where marital contracting frictions are high as divorce rates are low. We find that when sex ratio biases towards males, parents of sons, compared to those of daughters, invest more physical capital to improve their sons’ marriage prospect; in contrast, they barely increase, if not decrease, investments in their sons’ human capital. Our empirical results are consistent with Anderson and Bidner. We finally discuss the policy implication of parental resource allocation inefficiency resulting from the sex-ratio imbalance for boys’long-run human capital development in China.
嘉宾简介：
易君健，新加坡国立大学经济系助教授、IZA研究员，香港中文大学经济学博士，曾于芝加哥大学经济系从事博士后研究，主要研究领域为劳动与人口经济学、经济发展、人力资本、中国经济。研究论文发表在Economic Journal，Review of Economics and Statistics, China Economic Review等。