题目：The Role of Informal Employment in A Dualistic Economy: A Political Economy Analysis

时间：2019年12月26日（周四）中午12：30
地点：学院301会议室

Abstract:

This paper presents an equilibrium model of formal and informal sectors of a dualistic developing economy, to enable both supply-side and demand-side analyses of formalization and welfare. In a multi-region setting with perfect labor mobility, a consumer taste for diversity, skill heterogeneity, and regional disparity in regulatory and trade costs, high-skill entrepreneurs self-select to pay the regulatory costs in the formal sector to trade globally and lower-skill entrepreneurs choose the informal sector to trade locally to avoid the regulatory costs. In equilibrium, formalization reflects the balance between consumption diversity, which expands with local informal entrepreneurship, and productivity, which increases with formal-sector employment. The equilibrium accounts for the sectoral disparity in entrepreneur skill, labor productivity, and firm size documented in La Porta and Shelifer (2014). It further accounts for the concurrent rises in education, export, and formalization and for regional sorting of formal entrepreneur skill found in Indonesia. The role of the informal sector in enriching consumption diversity but pushing up the labor cost for are supported by our counterfactual analysis which excludes the informality.

演讲人简介：

刘宇维博士是供职于新葡萄8883官网AMG下辖的经济与管理研究院的一名讲师。在2018年初夏加入新葡萄8883官网AMG之前，刘宇维博士曾先后在复旦大学经济学院和新加坡国立大学房地产系攻读本科学士学位（经济学（数理经济学方向））和博士研究生学位（城市经济学）。在新加坡国立大学留学期间，他曾以研究助理的身份，参与到“东南亚国家的人力资本，劳动力转移和区域发展”项目的研究工作当中，并根据其研究成果，发展出自己的博士论文“产业正规化与经济发展”和一系列工作论文。刘宇维博士的研究兴趣包括城市经济学，区域经济学，房地产经济学和金融，以及发展经济学。另外，他目前的研究和劳动经济学、公共经济学等应用经济学学科深度关联，关注新兴市场和二元经济中劳动力的跨生产部门与跨区域转移，以及与之相关的经济福利分析。