主讲人：吴斌珍 简介： 清华大学经管学院经济系副教授、清华大学财政税收研究及清华大学经济社会数据中心研究员。2006年获威斯康星大学麦迪迅分校经济学博士，2001年获北京大学经济研究中心经济学硕士，1998年获西安交通大学核能与热能工程学士。研究领域包括公共经济学、发展经济学、应用微观经济学。主持过国家自科基金青年项目和面上项目，以及清华大学自助的科研项目。在Games and Economics Behavior、Journal of Development Economics、Journal of Economic Perspectives、Journal of Comparative Economics、Economic Development and Cultural Change、China Quarterly等国际期刊和《经济研究》《中国社会科学》《经济学季刊》《世界经济》《金融研究》《清华大学学报（哲学社会科学版）》《经济学报》等国内期刊发表过学术论文。     时间：11月14日（星期五）下午1:30-3:00   地点：国家发展研究院小教室     题目:  “Labor Market Experience and Returns to Education in Rapidly Developing Economies” (with Hongbin Li and James Liang) 摘要: We first show some common characteristics of the labor markets in fast developing economies such as China: college enrollment expanded fast, the college premium for young workers declined while that for senior workers increased, and wage inequality rose. We then build a general equilibrium theory that considers two dimensions of human capital, education and labor market experience, and allow education to be endogenously determined. When the product market is monopolistically competitive, workers of different human capital are not substitutable in equilibrium and thus the returns to education for different age groups could be different. In our framework, a demand shock, such as a sudden infow of FDI, could be the driving force for the observed facts in fast developing economies, but a supply shock cannot generate the same labor market dynamics. The supply of education is elastic, and in response to the demand shock many young college graduates could be produced in a short time, and thus depress the college premium for young graduates. In contrast, the accumulation of labor market experience takes time, resulting in a shortage of experienced college graduates in the short and medium run, and a rising premium for them. Despite a low and falling college premium in the short run, young individuals still flood into colleges because they foresee a high lifetime return to education. Expanding college enrollment is an excellent economic policy as it is an endogenous response to rising demand for human capital. It is also a good social policy as it can help to reduce inequality in the long run.