香港大學Chen Heng教授講座暨183期“華南經濟論壇”通知
題目：The Great Famine and Savings Rate in China
主講人：Chen Heng教授(香港大學)
時間：6月23日(周四)上午10：00
地點：大學城文3棟MBA中心415課室
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內容簡介：The Great Famine in China (1959-1961) is one of the most dramatic tragedies in history, which may have long term consequences for economic behaviors of Chinese population. In particular, we explore whether it continues to have impacts on household saving choices. Employing a dataset across 122 Chinese counties, we find that the saving rate of rural households in 2002 tend to be higher in counties where the famine was severer; and the impact of the famine is even larger, once its severity is instrumented. Evidence from individual preference data shows that people are more willing to cultivate thrift in children in counties more severely affected. These findings are consistent with the hypothesis that the Great Famine altered the thrifty attitude of survivors and subsequent generations.