主讲人简介：

张吉鹏，山东大学成人直播 教授、博士生导师，山东大学杰出中青年学者，国家社科基金重大项目首席专家。匹兹堡大学经济学博士，复旦大学经济学学士和经济学硕士，曾任职南洋理工大学、西南财经大学。主要研究方向为公共经济与财政，移民、区域与城市发展。多篇成果发表于《中国社会科学》《经济研究》《经济学(季刊)》以及International Economic Review, Journal of Development Economics, International Journal of industrial Organization, Journal of Economic Behavior and Organization等期刊。

报告介绍：

Leveraging a novel wave of data from the China Household Finance Survey, we document that 60% of cross-prefecture migrants eventually returned to their hometowns, with family and retirement-related concerns being the predominant motivation. To analyze the economic consequences of "return migration", we build a dynamic spatial general equilibrium model that features multiple migration decisions throughout a lifecycle. The migration decisions hinge on wage differentials, the pension system, access to public goods, and attachments to one's hometown. We find that the institutional barriers that "forced" the migrants to return home slowed down the pace of urbanization, reduced aggregate output and welfare, and exacerbated spatial inequality in China. Moreover, incorporating return migration in spatial models could alter how the economy responds to economic shocks such as migration and trade liberalization, as well as the effects of place-based policies.