BEGIN:VCALENDAR
VERSION:2.0
BEGIN:VEVENT
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:Tat-Kei Lai (IESEG School of Management) - Spatial Disparity of Skill Premium in China: The Role of Financial Intermediation Development Co-author: Luhang Wang (Xiamen University) Abstract In China, the relative wages of high-skilled and low-skilled workers display huge variation across different regions. We examine whether financial intermediation development can explain such variation. Conceptually, better-developed financial intermediation helps financially-constrained firms raise new capital, which is usually skilled-biased, resulting in an increased demand for skilled labor and skill premium. Using a cross-section of workers from the 1% Population Survey of 2005, we find consistent evidence; besides, the relationship is stronger among workers in industries with higher capital-skill complementarity and in non-state-owned enterprises. Overall, our results suggest that the financial market plays a role in explaining skill premium in China. =0D=0A Online BOFIT seminars are open to all researchers interested in the subjects covered. Those wishing to attend a seminar are kindly asked to register in advance, by filling in the Online Registration Form =0D=0A The registration for each seminar is open until 9:00 am the day of the seminar. You will receive a link to join the seminar by email at the latest one hour before the seminar is scheduled to begin. =0D=0A
DTEND:20220426T082500Z
DTSTAMP:20220324T110309Z
DTSTART:20220426T073000Z
LOCATION:Teams Meeting
SUMMARY:Tat-Kei Lai (IESEG School of Management) - Spatial Disparity of Skill Premium in China: The Role of Financial Intermediation Development
END:VEVENT
END:VCALENDAR