主题：How Housing Boom Affect Individual Labor Supply? -- Evidence from Shanghai 2000-2010
　　
　　讲座时间：2015年10月29日（星期四）14:30-16:00

　　讲座地点：后主楼1621

　　主讲人：张思思，上海财经大学

　　主讲人简介：

　 张思思，现为上海财经大学经济学院副教授、上海财经大学高等研究院房地产与城市研究中心主任。美国波士顿学院博士，主要研究领域是劳动经济学、城市与房地产经济学、公共政策等。曾经就职于美国城市研究院、房利美公司。其研究成果发表在包括American Economic Review (Papers and Proceedings)、Journal of Population Economics、Demography、American Journal of Agricultural Economics、Review of Industrial Organization等多个著名国际期刊上。

　　主持人：许敏波，北京师范大学经管学院

　　内容提要：

　 China’s housing market went through property reform in the late 1990s and dramatic housing price increase since the early 2000s, both of which significantly increase family wealth for homeowners. On one hand, housing boom makes homeowners wealthier, and they might increase consumptions including consumption for leisure. On the other hand, people have to work harder to pay back mortgage when house price is higher. In this paper we examine how homeownership and local house price increase affect individual labor supply decisions, such as labor force participation, unemployment duration, or work hours. Using the 2000, 2005, and 2010 China Census Population Survey in Shanghai, we find that the perceived wealth effect increases labor supply both at the intensive and extensive margin, and the effect is larger among those who benefited from the housing reform in the late 1990s.
（经济与工商管理学院）