1.唐为（复旦大学）
Tombe T, Zhu X. Trade, migration and productivity: A quantitative analysis of china[J]. Manuscript, University of Toronto, 2015.
We study how misallocation due to goods- and labour-market frictions affect aggregate productivity in China. Combining unique data with a general equilibrium model of internal and international trade, and migration across regions and sectors, we quantify the magnitude and consequences of trade and migration costs. The costs were high in 2000, but declined afterward. The decline accounts for roughly two-fifths of aggregate labour productivity growth in China between 2000 and 2005. Reductions in internal rather than international costs are particularly important. Despite the decline, migration costs are still high and potential gains from further reform are large.
2.张志强（复旦大学）
Connell J, Gilbert A G. The geography of development[J]. Area, 1971, 3(4): 259-266.
3.王贞（复旦大学）
Fang H, Keane M P, Silverman D. Sources of advantageous selection: Evidence from the Medigap insurance market[J]. Journal of political Economy, 2008, 116(2): 303-350.
Abstract: We provide evidence of advantageous selection in the Medigap insurance market and analyze its sources. Conditional on controls for Medigap prices, those with Medigap spend, on average, $4,000 less on medical care than those without. But if we condition on health, those with Medigap spend $2,000 more. The sources of this advantageous selection include income, education, longevity expectations, and financial planning horizons, as well as cognitive ability. Conditional on all these factors, those with higher expected medical expenditures are more likely to purchase Medigap. Risk preferences do not appear as a source of advantageous selection; cognitive ability is particularly important.
4.赵婷（复旦大学）
Meng L. Evaluating China's poverty alleviation program: A regression discontinuity approach[J]. Journal of Public Economics, 2013, 101: 1-11.
This paper evaluates the impact of the 8-7 Plan, the second wave of China's poverty alleviation program, on rural income growth at the county level over the program's disbursement period, from 1994 to 2000. Program participation was largely determined by whether a county's pre-program income fell below a given poverty line; hence, a regression discontinuity approach is employed to estimate the causal effects of the program. Using a panel data set, we find that the 8-7 Plan resulted in an approximately 38-percent increase in rural income for counties that were treated between 1994 and 2000. Our empirical results also suggest the important role of initial endowments in the path toward economic development.
5.袁婷（复旦大学）
Lusardi A, Michaud P C, Mitchell O S. Optimal financial knowledge and wealth inequality[R]. National Bureau of Economic Research, 2013.
While financial knowledge is strongly positively related to household wealth, there is also considerable cross-sectional variation in both financial knowledge and net asset levels. To explore these patterns, we develop a calibrated stochastic life cycle model featuring endogenous financial knowledge accumulation. The model generates substantial wealth inequality, over and above that of standard life cycle models; this is because higher earners typically have more hump-shaped labor income profiles and lower retirement benefits which, when interacted with precautionary saving motives, boost their need for private wealth accumulation and thus financial knowledge. Our simulations show that endogenous financial knowledge accumulation has the potential to account for a large proportion of wealth inequality. The fraction of the population which is rationally financially "ignorant" depends on the generosity of the retirement system and the level of means-tested benefits. Educational efforts to enhance financial savvy early in the life cycle so as to produce one percentage point excess return per year would be valued highly by people in all educational groups.
6. 李杰伟（上海海事大学）
The Marginal Cost of Traffic Congestion and Road Pricing
7. 曹晖（上海大学）
Chabé-Ferret S. Analysis of the bias of Matching and Difference-in-Difference under alternative earnings and selection processes[J]. Journal of Econometrics, 2015, 185(1): 110-123.
Matching and Difference in Difference (DID) are two widespread methods that use pre-treatment outcomes to correct for selection bias. I detail the sources of bias of both estimators in a model of earnings dynamics and entry into a Job Training Program (JTP) and I assess their performances using Monte Carlo simulations of the model calibrated with realistic parameter values. I find that Matching generally underestimates the average causal effect of the program and gets closer to the true effect when conditioning on an increasing number of pre-treatment outcomes. When selection bias is symmetric around the treatment date, DID is consistent when implemented symmetrically—i.e. comparing outcomes observed the same number of periods before and after the treatment date. When selection bias is not symmetric, Monte Carlo simulations show that Symmetric DID still performs better than Matching, especially in the middle of the life-cycle. These results are consistent with estimates of the bias of Matching and DID from randomly assigned JTPs. Some of the virtues of Symmetric DID extend to programs other than JTPs allocated according to a cutoff eligibility rule.
