Professor, National School of Development, Peking University
Director, The Center for Healthy Aging and Development of Peking University
Deputy Director, MOE-PKU Center for Human Capital and National Policy
MOE Cheung-Kong Scholar Chair Professor of Economics
Peking University Boya Chair Professor
Co-Editor, Journal of Economics of Aging
Editorial Board of SSM - Health Systems
RESEARCH INTERESTS
Labor Economics, Health Economics, The Economics of Aging, Applied Econometrics
EDUCATION BACKGROUND
Ph.D., Economics, University of California, Los Angeles, June 2007
M.A., Economics, University of California, Los Angeles, December 2003
M.A., Finance, Renmin University of China, July 2000
B.A., Finance, Renmin University of China, July 1997
EXPERIENCES
2017.8-present Professor, China Center for Economic Research, National School of Development,
Peking University
2012.8-2017.8 Associate Professor, China Center for Economic Research, National School of Development,
Peking University
2013.7-2013.12 Visiting Scholar, UCLA Department of Economics
2010.2-present Research Fellow, IZA
2007.8-2012.8 Assistant Professor, China Center for Economic Research, National School of Development,
Peking University
2007.1-2007.6 Research Assistant, Professor Deepak Lal, UCLA Department of Economics
2002-2006 Teaching Assistant, Teaching Associate and Teaching Fellow, UCLA Department of Economics
Summer 2003 Research Assistant, Professor Kathleen McGarry, UCLA Department of Economics
2000-2001 Internal Auditor, CITIC Bank of China
HONORS
2021 PKU Boya Chair Professor
2021 MOE Cheung-Kong Scholar Chair Professor,
2021 Excellent Teaching Award of Peking University
2020 The Third Award of the excellent papers on Economics, Mnistry of Education
2019 MOE Youth Cheung-Kong Scholar, PKU Boya Young Scholar
2018 China Medical Science and Technology Second Award
2017 Excellent Teaching Award of Peking University
2015 Beijing Bank Award on Excellent Teacher, Peking University
2014 The Third Award of the excellent Research in Social Science, The
Sichuan Provincial People's Government
2013-2014 Excellent Research in Art and Social Science, Peking University
2013 The Third Award of the excellent papers on Economics, Ministry of Education
2010 The Second Award of the excellent papers on Journal of Financial Research
2009 Peking University Kiriyama Education Fund Fellowship
2008 The Second Award, the Eighth Peking University Teaching Competition Among Young Teachers
2002-2006 Graduate Fellowship, Graduate School, UCLA
2002-2006 Department Fellowship, Department of Economics, UCLA
2003 Early advancement to candidacy fellowship, Graduate School, UCLA
1997-2000 Graduate Student Scholarship, Renmin University of China
1997 Excellent Thesis, Renmin University of China
1993-1997 Scholarship for Academic Excellence, Renmin University of China
RECENT RESEARCH PAPERS IN ENGLISH
1. "Gender, Aging, and Health" (with Yuqi Ta), in The Routledge Handbook of the Economics of Ageing edited by David E. Bloom, Alfonso Sousa-Poza and Uwe Sunde, 2023
2. "Development and validation of the Disability Index among older adults" with Xuxi Zhang, Yi Zeng et al., Journal of Gerontology: Medical Sciences, 2023, 78(1), 111-119
3. “Long-term care insurance and the well-being of older adults and their families: Evidence from China,” with Chen Bai, Jingpeng Hong and Hong Liu, Social Science and Medicine, Vol. 296, March 2022, 114745
4. “One country, two systems: evidence on retirement patterns in China,” with John Giles, Gewei Wang, Yafeng Wang and Yaohui Zhao, Journal of Pension Economics and Finance, October, 1-23, 2021
5. “Fertility Restrictions and Life-Cycle Outcomes: Evidence from the One-Child Policy in China,” with Wei Huang and Ang Sun, The Review of Economics and Statistics, October 2021, 103(4): 694–710, https://www.mitpressjournals.org/doi/10.1162/rest_a_00921
6. “Demographic Changes and Economic Growth: Impact and Mechanisms,” with Qian Hu and Bo Zhao, posted online December 2020, China Economic Journal
7. “Cognitive function and mental health of elderly people in China: findings from 2018 CLHLS survey”, with Chen Bai, China Population and Development Studies, 3,343-351, 2020
8. “New trends in population aging and challenges for China’s sustainable development,” with Chen Bai, China Economic Journal, No. 1, 2020
9. “Meeting the challenge of China’s population change,” with Chen Bai, East Asia Forum Quarterly, 22, Oct-Dec 2019
10. “Temperature effects on mortality and household adaption: Evidence from China,” with Xiumei Yu and Min Wang, Journal of Environmental Economics and Management, 2019 96:195-212
11. “Gender Difference in the Impact of Retirement on Cognitive Abilities: Evidence from Urban China,” with Hong Liu, 2018, Journal of Comparative Economics
12. “Life satisfaction in China and consumption and income inequalities,” with Yan Shen, James P. Smith and Guangsu Zhou, Review of Economics of the Household, March 2018, Volume 16, Issue 1, pp 75–95
13. "Fertility, Gender Preference, the Birth Planning Policy, and Life Satisfaction in China," with Yan Shen, James P. Smith and Guangsu Zhou, Journal of Population Research, March 2018, Volume 35, Issue 1, pp 23–40
14. “Sibling gender composition’s effect on education: evidence from China,” with Yan Shen, James P. Smith and Guangsu Zhou, Journal of Population Economics, April 2017, Volume 30, Issue 2, pp 569–590
15. “Does Raising Family Income Cause Better Child Health? Evidence from China,” with Yi Chen and Li-An Zhou, Economic Development and Cultural Change, January 2017
16. “Health Insurance and Health Care among the Mid-Aged and Older Chinese: Evidence from the National Baseline Survey of CHARLS,” with John Strauss, Chuanchuan Zhang and Yaohui Zhao, Health Economics, November 2016, Vol. 25(11)
17. “One-Child Policy and the Rise of Man-Made Twins,” with Wei Huang and Yaohui Zhao, The Review of Economics and Statistics, July 2016, 98(3): 467–476, doi:10.1162/REST_a_00567
18. “Living Arrangements of the Elderly in China:Evidence from the CHARLS National Baseline,” with John Strauss, Meng Tian and Yaohui Zhao, China Economic Journal, 2015, vol. 6, No. 3
19. “Inequality in Education Attainment and Expectation: Evidence from the China Family Panel Studies,” with Yan Shen, China Economic Journal, 2015, vol. 6, No. 3
20. "Health Insurance and Health Status: Exploring the Causal Effect from a Policy Intervention," with Jay Pan and Gordon Liu, Health Economics, 2015 Sep 8. doi: 10.1002/hec.3225. [Epub ahead of print]
21. "Do Social Networks Improve Chinese Adults' Subjective Well-being?" with James P. Smith, Yan Shen and Guangsu Zhou, The Journal of the Economics of Ageing, 2015, 6, 57-67
22. “Short-term Jobs and Long-term Job Loss of Large Supermarket Entry,” with Chuanchuan Zhang, China Economic Journal, 8:1, 74-85, DOI:10.1080/17538963.2015.1002175
http://dx.doi.org/10.1080/17538963.2015.1002175
23. “Old-Age Support and Protection,” with Chuanchuan Zhang and Yaohui Zhao, forthcoming, Avoiding the Middle-Income Trap: Challenges facing the Chinese Economy, Juzhong Zhuang, Yiping Huang, and Paul Vandenberg (eds.), Oxford University Press
24. “Depressive Symptoms and SES Among the Mid-Aged and Elderly in China: Evidence from the China Health and Retirement Longitudinal Study National Baseline,” with Xiaoting Sun, John Strauss, Peng Zhang and Yaohui Zhao, Social Science & Medicine, 2014 Nov;120:224-32.
25. “Capital Gains and Trading,” with Yuegang Zhou and Xiaoneng Zhu, Journal of International Financial Markets, Institutions & Money, 32 (2014), 167-183
26. “Health Outcomes and Socio-economic Status among the Mid-Aged and Elderly in China: Evidence from the CHARLS National Baseline Data,” with Xiaoting Sun, John Strauss and Yaohui Zhao, GonghuanYang, Perry Hu, Yisong Hu and Xiangjun Yin, The Journal of the Economics of Ageing, 3 (2014) 29-43
27. “Gender Differences in Cognition in China and Reasons for Change over Time: Evidence from CHARLS," with James Smith, Xiaoting Sun and Yaohui Zhao, The Journal of the Economics of Ageing, Vol. 4, December 2014, Pages 46-55
28. “Capital Gains, Illiquidity, and Stock Returns,” with Yuegang Zhou and Xiaoneng Zhu, Pacific-Basin Finance Journal, Vol. 25, November 2013, Pages 273-293
29. “Incentive Problems in China’s New Rural Pension Program,” with Chuanchuan Zhang and Yaohui Zhao, Research in Labor Economics, 2013, Vol. 37, Labor Market Issues in China, Corrado Giulietti, Konstantinos Tatsiramos, Klaus F. Zimmermann (eds.),
30. “Height, Height Shrinkage, Health at Older Ages and SES: Evidence from China,” with Wei Huang, Geert Ridder, John Strauss and Yaohui Zhao, American Economic Journal: Applied Economics, Vol. 5, Issue 2, April 2013, http://www.aeaweb.org/atypon.php?return_to=/doi/pdfplus/10.1257/app.5.2.86&etoc=1
31. “How Will Fertility Imbalances Affect the Human Capital Structure in China? --Evidence from the National Family Planning and Fertility Health Survey,” with Yan Shen and Xiaxin Wang, China Economic Journal, December 2012, vol. 5, no. 1. p29-45, http://www.tandfonline.com/toc/rcej20/current
32. “Gender Differences in Cognition among Older Adults in China,” with Yuqing Hu, Jack McArdle, James P. Smith and Yaohui Zhao, Journal of Human Resources, September, 2012, 47:951-97, http://jhr.uwpress.org/content/47/4/951.short
33. “Patterns and Correlates of Intergenerational Non-Time Transfers: Evidence from CHARLS,” with John Giles, Yuqing Hu, Albert Park, John Strauss and Yaohui Zhao, Aging in Asia: Findings from New and Emerging Data Initiatives, M. Majmundar and J.P. Smith (eds.), Committee on Policy Research and Data Needs to Meet the Challenge of Aging in Asia, National Research Council. Washington D.C.: National Academies Press,2012, http://www.nap.edu/catalog.php?record_id=13361
34. “Health Care and Insurance Among the Elderly in China: Evidence from CHARLS Pilot,” with John Strauss, Hao Hong, Lin Li, Albert Park, Li Yang and Yaohui Zhao, Aging in Asia: Findings from New and Emerging Data Initiatives, M. Majmundar and J.P. Smith (eds.), Committee on Policy Research and Data Needs to Meet the Challenge of Aging in Asia, National Research Council. Washington D.C.: National Academies Press, 2012, http://www.nap.edu/catalog.php?record_id=13361
35. “Social Interactions and Cognitive Function of Chinese Elderly: Evidence from CHARLS,” with Yuqing Hu, James P. Smith and Yaohui Zhao, Aging in Asia: Findings from New and Emerging Data Initiatives, M. Majmundar and J.P. Smith (eds.), Committee on Policy Research and Data Needs to Meet the Challenge of Aging in Asia, National Research Council. Washington D.C.: National Academies Press, 2012, http://www.nap.edu/catalog.php?record_id=13361
36. “Socioeconomic Status and Chronic Diseases: The Case of Hypertension in China,” China Economic Review, March 2012, with Nina Yin and Yaohui Zhao, Vol 23, Issue 1, Pp 105-121, http://www.sciencedirect.com/science/article/pii/S1043951X11000848
37. “Health Outcomes and Socio-Economic Status Among the Elderly in China: Evidence from the CHARLS Pilot,” with John Strauss, Albert Park, Yan Shen, James Smith, Zhe Yang and Yaohui Zhao, Journal of Population Ageing, December 2010, Volume 3, Issue 3-4, pp 111-142, http://link.springer.com/article/10.1007/s12062-011-9033-9
38. “The New Cooperative Medical Scheme in Rural China: Does More Coverage Mean More Service and Better Health?” Health Economics ,Volume 18 Issue S2 ,July 2009, Pages 25-46, with Wanchuan Lin, http://onlinelibrary.wiley.com/doi/10.1002/hec.1501/pdf
39. “‘Fertility Effect’ or ‘Supporting Effect?’ Quantity of Children and Parental Health” Frontiers of Economics in China, Frontiers of Economics in China, Volume 4, Number 4, December 2009, Pages 601-617, with Guodong Chen, http://link.springer.com/article/10.1007/s11459-009-0032-1?LI=true
RECENT RESEARCH PAPERS IN CHINESE
40. "Moral Hazard in In-kind Transfers: Evidence from Medical Saving Account in China" with Wei Huang and Yuqi Ta, The World Economy, forthcoming
41. "Education Burden Reduction, Family Education Investment and Education Equity" with Zikun Zhou and Yan Shen, China Economic Quarterly, forthcoming
42. "A Study on Fraud Victimization among Chinese Elderly in the Digital Age: The Role of Internet Usage and Digital Financial Inclusion", Journal of Financial Research, 2022.8.
43. “Aging in China: Trends, Challenges and Solution”, Chinese Social Sciences Today, August 9, 2019.
44. “The Chinese Health Care System: Retrospect and Prospect”, Journal of Translation from Foreign Literature Economics,” 2018, No. 2
45. “Health Status and Ex Ante Moral Hazard of Health Insurance: A Theoretical and Empirical Investigation on China’s New Rural Cooperative Medical Scheme,” with Hongqiao Fu and Dong Yuan, China Economic Quarterly, April 2017
46. “Does Marrying up Bring More Life Satisfaction? Marriage Pattern and Its Long-term Effects,” with Wenjian Xu and Yaohui Zhao, China Economic Quarterly, 2014, Vol.14, No.1
47. “The Effect of Health on the Labor Supply of Mid-Aged and Older Chinese,” with Qin Li and Yaohui Zhao, China Economic Quarterly, 2014, Vol. 13, No 3
48. “Does Health Insurance Lead to Better Health?” with Jay Pan and Gordon Liu, Economic Research Journal, 2013, No.4, http://www.erj.cn/cn/mlInfo.aspx?m=20130226104517983604&n=20130608100217870336&tip=0
49. “Reference Price distribution and stock return: an analysis based on disposition effect,” with Yuegang Zhou, China Economic Quarterly, 2011, April, Vol. 10, No.3, http://www.nsd.edu.cn/cn/download/ceq/10_3/100313.pdf
50. “Medical Service Use and Health Status of the Chinese Rural Elderly: the Impact of the NCMS,” with Yiqiu Wang, Journal of Nanjing Agricultural University (Social Science), 2011, June, Vol 11 No. 2,
51. “Does Retirement Affect Health?” with Li Tan and Yaohui Zhao, China Economic Quarterly, 2010, Vol 9 No 4, http://www.nsd.edu.cn/cn/download/ceq/9_4/17.pdf
52. “Chinese familial Portfolio Choices: Health Status and Risk Preference,” with Yuegang Zhou, Journal of Financial Research, 2010, No. 1, http://www.jryj.org.cn/CN/column/column139.shtml
53. “Intergenerational Transfers, Child Difference and Near-elderly Women’s Labor Supply,” 2009, Population & Economics, No. 6. ISSN 1000-4149,
54. “Differential Effect of Managed Care Models: Evidence from Medi-Cal Experience,” 2009, China Economic Quarterly, Vol 9, No 1, http://www.nsd.edu.cn/cn/article.asp?articleid=14295
55. “On Appropriate Monetary Policy,” Urban Finance Forum, 1999
56. “National Debt and the Macro Regulation of the Central Bank,” Finance and Economy, 1999
PRESENTATIONS
International Conference on“Long-Term Care: Financing, Service Provision and Policy Options,” Shanghai, August 2016
The first Labor Economist Forum Annual Meeting, Hunan, July 2016
The 3rd Forum on “New Urbanization and Social Integration of Migrants,” Beijing, July 2016
The 18th NBER-CCER Annual Meeting, Beijing, June 2016
UNDP Human Development Report, Discussant, April 2016
Asian Economic Institutes Meeting, Beijing, April 2016
The Health Economics Workshop, Beijing, March 2016
Chinese Economist Society Annual Conference, Discussant and Chair, Shanghai, November 2015
The First CCER Conference on Trade and Development, Yantai, October 2015
The 3rd International Symposium on Quantitative History, Discussant, July 2015
NBER-CCER Conference on China and the World Economy, Beijing, June 2015
Stockholm School of Economics and NSD Conference on “Deepening Economic Reforms,” Beijing, June 2015
Interdisciplinary Center for Social & Behavioral Studies, Dongbei University of Finance and Economics, Dalian, June 2015
China Economic Journal Conference on “Inequalities in China: Evidence from Cutting-edge Micro Data,” Co-organizer and Presenter, Beijing, May 2015
The Workshop at the United Family Healthcare, May 2015
Conference on “Chronic Disease Control in China and the Role of Primary Healthcare,” Stanford Center at Peking University, Beijing, March 2015
Chinese Economist Society Annual Conference, Discussant and Chair, Shen Zhen, December 2014
Conference on China’s Retirement Issue, Beijing, December 2014
The Tenth Biannual Cross-Strait Meeting for Economic Development, Taiwan, October 2014
“Remember Gary Becker: Fertility, Human Capital and Family,” Organizer and presenter, Beijing, July 2014
IDRC Conference on “Gender, Inclusive Growth and Care Economy in China,” Discussant, Beijing, June 2014
NBER-CCER Conference on China and the World Economy, Beijing, June 2014
The 20th Anniversary of NSD, Aging and Health forum, Beijing, April 2014
Conference on “Responding to Challenges of Population Aging: Experience from the World”, Beijing, April 2014
Conference on “Challenges of Population Aging in Asia”, The Hong Kong University of Science and Technology, April 2014
Department of Economics, University of California, Los Angeles, November 2013
California Center for Population Research, Los Angeles, November 2013
China Economic Quarterly Annual Workshop, Beijing, July 2013
NBER-CCER Conference on China and the World Economy, Beijing, June 2013
The Econometric Society China Meeting, Beijing, June, 2013
The Population Association of America Annual Meeting, New Orleans, April, 2013
Advances in Methodology and Applications: Bio-demography and Multistate Event History Analysis on Healthy Aging,” Beijing, October 2012
The Ninth Biannual Cross-Strait Meeting for Economic Development, Beijing, September 2012
The Third CHARLS User’s Conference, Beijing, August 2012
The Third CHARLS User’s Training Program, Beijing, July 2012
“Bread-Guanghua” Summer Institute, Beijing, June 2012
The 23th NBER-EASE Symposium, Taiwan, June 2012
“The Five-Star Forum,” Beijing April 2012
Department of Economics/Public Health, University of Oxford, January 2012
Institute for Fiscal Studies, London, January 2012
“Current Labor Market Issues in China,” The third CIER/IZA Labor Economics Annual Conference, Beijing, September 2011
2011 Harmonization of Cross-National Studies of Aging Meeting, Beijing, August 2011
The Second CHARLS User’s Conference, August 2011
The Studies of health, retirement and living arrangements of the aging population in China -Training Program, Beijing, July 2011
The Thirteenth NBER-CCER Annual Conference, Beijing, July 2011
Chicago-Renmin Symposium on Family and Labor Economics, University of Chicago, June 2011
Chinese Economist Society Annual Conference, Beijing, June 2011
School of Economics, Shanghai University of Finance and Economics, Shanghai, May 2011
“Multidiscipline Research on Chinese Medical Reform, Elderly Health and Welfare Workshop,” Beijing, April 2011
Department of Economics, University of Macau, April 2011
“International Conference on Successful Ageing,” Korea, April 2011
“Can China Avoid the Middle-Income Trap?” Finalization Workshop, Beijing, February 2011
The Sixth Biennial Conference of Hongkong Economic Association, Tianjin, December 2010
Conference on Policy Research and Data Needs to Meet the Challenges to Population Aging in Asia, CASS，December 2010
The Eighth Biannual Cross-Strait Meeting for Economic Development, September 2010
The First CHARLS User’s Conference, Beijing, August 2010
The Studies of health, retirement and living arrangements of the aging population in China -Training Program, Beijing, August 2010
National Graduate Institute of Policy Studies (GRIPS), Japan, July 2010
China Economic Summer Institute, Tsinghua University, Beijing, July 2010
China Economic Association Annual Meeting, Discussant, Hangzhou, December, 2009
The Second International Conference on Health and Retirement in China, Beijing, July 2009
The Eleventh NBER-CCER Annual Conference, Beijing, July 2009
Report on the Land Reform in Chengdu, Beijing, June 2009
China-UK Population Forum, London, May 2009
China Economic Association Annual Meeting, Discussant for CWE Session, Chongqing, December, 2008
The Seventh Biannual Cross-Strait Meeting for Economic Development, CCER, November 2008
Far Eastern and South Asian Meeting of the Econometric Society，Singapore, July 2008
Western Social Science Annual Meeting, Denver, April 2008
Chinese Economist Society Annual Meeting, Tianjin, April 2008
Research Institute of Management and Economics, South Western University of Finance and Management, Chengdu, March 2008
China Center for Economic Research, Peking University, Beijing, December 2007
Western Economic Association Annual Meeting, San Diego, July 2006
Pro-seminars on Economics, UCLA, 2004, 2005, 2006
AFFILIATIONS
IZA Research Fellow, American Economic Association, Econometric Society, Western Social Science Association, Western Economic Association, Chinese Economist Society, Chinese Economist Association
REFEREE SERVICES
English Journals: Journal of Labor Economics, Journal of Public Economics, Journal of Health Economics, Demography, Economic Development and Cultural Change, Health Economics, Journal of Population Economics, China Quarterly, China Economic Review, Social Science and Medicine, Feminist Economics, China Economic Journal, Journal of Economics of Ageing
Chinese Journals: China Economic Quarterly, China Economic Journal, Management World, The World Economy, Journal of Financial Research, Southern Economics
DISSERTATION COMMITTEE
Kathleen McGarry (Chair), Sandra E. Black, Moshe Buchinsky, Mitchell D. Wong
CONTACT
National School of Development
Peking University, Beijing 100871, China
86-10-62758946
