Access to Migration for Rural Households
利用中国“知青”项目的历史特征，研究发现该项目创造的省际联系促进了后续迁移，而更好的迁移机会降低了消费波动和资产持有，并促使家庭转向高风险高回报的生产活动。
This paper exploits a unique feature of China’s history, the “sent-down youth” (SDY ) program, to study the effects of access to internal migration. We show that temporary migration due to the SDY program created lasting inter-province links. We interact these links with two time-varying pull measures in potential destinations. Decades after the SDY program ended, increased access to migration in cities that sent SDY leads to higher rates of migration from provinces where those SDY temporarily resided. We find that improved access to migration leads to lower consumption volatility and lower asset holding. Furthermore, household production shifts into high-risk, high-return activities.