Topic:

Cleaner Water,Higher Housing Prices,and Severer Inequality:Evidence from China

Lecturer: Run Ge

Run Geis a newly appointed researcher at the School of Public Economics and Management,Shanghai University of Finance and Economics.He is the deputy head of the Department of Social Security and Social Policy.He received his Ph.D.from School of Economics and Management,Tsinghua University.Her research field is labor economics.His research results have been published in domestic and foreign journals such as Economics (Quarterly journal),Labor Economic Research,EconomicJournal and China Economic Review.

Abstract:

Combining water monitoring station -level administrative data and transaction-level housing price data from Shanghai,China,we investigate the impact of China' s 2015 water pollution reduction policy on water pollution and housingprices.Wefirst find that the policy significantly improved water quality of treated monitoring stations by 0.352 standard deviations.Furthermore,we find that the policy led to a 3.5% increase in the housing prices of apartments located within a 500-meter distance to the nearest treatedriver,but the effect disappeared for apartments located more than 500meters awayfrom the nearest river.Finally,we find evidence that the water reduction policy might have exacerbated the wealth inequality in Shanghai.

Time: March 29,202410:15-11:30

Venue: B321,ZhixinBuilding,Central Campus