The Tsinghua University – University of Chicago Joint Research Center for Economics, in collaboration with the Becker Friedman Institute for Economics in China (BFI-China), the National Institute for Fiscal Studies (NIFS) and School of Economics and Management (SEM) at Tsinghua University, will host a virtual seminar series to inspire research and discussion on public policy issues relating to China. Focusing on a wide range of topics in public economics, the seminar will be a premier forum for frontier economic research and dialogue on Chinese economic issues.
Join us for the next seminar featuring Peter Ganong, Assistant Professor, Harris Public Policy. Using anonymized bank account data covering millions of households, Ganong and his co-authors are providing new empirical evidence on the spending and job search responses to benefit changes during the pandemic and comparing those responses to the predictions of benchmark structural models. They find spending responds more than predicted, while job search responds an order of magnitude less than predicted.