国际经济管理学院研究生workshop2025年春季学期第7期(第二组)

研究生workshop由首都经济贸易大学国际经济管理学院主办。主要内容:一是研究生报告前沿或经典文献,二是研究生报告自己的研究或研究设想。论坛宗旨是:为学院师生搭建一个学术交流平台,营造浓厚学术氛围;通过对经典论著或前沿文献的研讨,拓宽研究生的理论视野,提升研究生的前沿方法运用能力,帮助研究生提高论文写作质量。

本期workshop

第二组报告人1:崔粉芳,博士2023

导师:高逸尘

报告题目:Thy Neighbor's Misfortune: Peer Effect on Consumption,《American Economic Journal: Economic Policy》,2021

摘要: Using a large, representative sample of credit and debit card transactions in Singapore, this paper studies the consumption response of individuals whose same-building neighbors experienced personal bankruptcy. The unique bankruptcy rules in Singapore suggest liquidity shocks drive personal bankruptcy decisions, leading to a substantial drop in consumption for the bankrupt. Peers' monthly card consumption decreases by 3.4 percent over the 1-year postbankruptcy period. There exists no consumption decrease among individuals in immediately adjacent buildings nor for consumers with diminished postevent social ties with the bankrupt. The findings imply a significant social multiplier effect of 2.8 times the original consumption shock.

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