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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP16654 |
DP16654 Growing Apart: Declining Within- and Across-Locality Insurance in Rural China | |
Orazio Attanasio; Costas Meghir; Corina Mommaerts; Yu Zheng | |
发表日期 | 2021-10-21 |
出版年 | 2021 |
语种 | 英语 |
摘要 | We consider risk sharing in rural China during rapid economic transformation from the late 1980s through the late 2000s. We document an erosion of consumption insurance against both household-level idiosyncratic and village-level aggregate income shocks, and show that this decline is related to observable economic changes: the shift from agriculture to wage employment, the decline of publicly owned Township-and-Village Enterprises, and increased migrant work. Further evidence suggests that as these changes took place at the village level, higher levels of government failed to offset these effects through the tax-and-transfer system, leaving households more exposed to both idiosyncratic and village-aggregate shocks. |
主题 | Development Economics ; Macroeconomics and Growth ; Public Economics |
关键词 | Consumption insurance Risk-sharing Rural china |
URL | https://cepr.org/publications/dp16654 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545593 |
推荐引用方式 GB/T 7714 | Orazio Attanasio,Costas Meghir,Corina Mommaerts,et al. DP16654 Growing Apart: Declining Within- and Across-Locality Insurance in Rural China. 2021. |
条目包含的文件 | 条目无相关文件。 |
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