Calendrier du 26 septembre 2017
Paris Trade Seminar
Du 26/09/2017 de 14:45 à 16:15
ScPo, 28 rue des Saints Pères, 75007 Paris, salle H405
TREFLER DAN (Toronto)
*Trade and Innovation: The Role of Scale and Competition Effects
écrit avec Kevin Lim & Miaojie Yu
Applied Economics Lunch Seminar
Du 26/09/2017 de 12:30 à 13:30
Salle R2-01, Campus Jourdan, 48 boulevard Jourdan, 75014 Paris
ZHU Yinchu (Brandeis University)
Earnings, Income, and Wealth Distributions in China: Facts from the 2011 China Household Finance Survey
écrit avec Jijun Tan, Ting Zeng
We use 2011 China Household Finance Survey (CHFS) data to describe inequality of earnings, income, and wealth in China. We finnd high inequality of labor earnings, income, and wealth in China. We also find that the business income comprises a large share of incomes among top groups. Households with young heads tend to be rich in earnings and incomes, and their incomes are largely generated from businesses. We find that the top 1 percent income share in China in 2010 is comparable to that in the United States in 1928. In 1928 the social security system was still absent in the United States. This comparison gives us hints that the high inequality level in current China is probably due to the ine§ectiveness of redistribution policies in China.