Spatial inequality and housing in China
通过动态空间一般均衡模型，研究1978-2015年中国不平等演变，发现城乡收入差距引发迁移，但城市房价上涨会阻碍城市化并加剧不平等。
This paper investigates the evolution of inequality in China (1978–2015) through the lens of a dynamic spatial general equilibrium model with migration and capital formation. Due to an urban-rural income gap there is domestic migration from the rural to the urban areas which tends to reduce inequality. The resulting increase in urban house prices can, however, constitute an endogenous barrier to further urbanization. Increasing housing prices increase within-urban inequality between renters and landlords and also lock in urban-rural income differences. The calibrated model explains current, and projects future, development in China.