Calendrier du 12 novembre 2019
PSI-PSE (Petit Séminaire Informel de la Paris School of Economics) Seminar
Du 12/11/2019 de 17:00 à 18:00
FRANçOIS Manon (PSE)
Destination-based taxes, transfer pricing and adoption incentives
Applied Economics Lunch Seminar
Du 12/11/2019 de 12:30 à 13:30
Salle R2-01, Campus Jourdan, 48 boulevard Jourdan, 75014 Paris
YANG Li (ZEW Mannheim and WIL)
From workers to capitalists in less than two generations: A study of Chinese urban elite transformation between 1988 and 2013
écrit avec Filip Novokmet, Branko Milanovic
Economic and social transformation of China during the past 40 years is without precedent in human history. While the economic transformation was extensively studied, social transformation was not. In this paper, we use for the first time harmonized household surveys covering the period 1988-2013 to study the changes in the characteristics the richest 5 percent of China’s urban population. We find that the elite changed from being composed of high government officials, clerical staff, and workers in 1988 to professionals and small and large business owners in 2013. The educational level of the elite increased substantially. Membership in CCP has a positive (albeit small) effect on one’s income but is particularly valuable to large business owners.