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Yang says remittances from workers abroad increase educational attainment for children

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Edin and Shaefer's book on destitute families in America reviewed in NYT

Highlights

Deirdre Bloome wins ASA award for work on racial inequality and intergenerational transmission

Bob Willis awarded 2015 Jacob Mincer Award for Lifetime Contributions to the Field of Labor Economics

David Lam is new director of Institute for Social Research

Elizabeth Bruch wins Robert Merton Prize for paper in analytic sociology

Next Brown Bag

Monday, Oct 12
Joe Grengs, Policy & Planning for Social Equity in Transportation

Willingness to Pay in China's New Cooperative Medical System

Archived Abstract of Former PSC Researcher

Brown, Philip, and Thomas Huff. 2011. "Willingness to Pay in China's New Cooperative Medical System." Contemporary Economic Policy, 29(1): 88-100.

Household survey data from China is used to analyze the determinants of households' willingness to pay to participate in the New Cooperative Medical System (NCMS). Wealthier households, households with at least one member who has been treated as an inpatient, and households in counties where NCMS is already established are willing to pay more for the program. Households who carry other forms of insurance, however, have a lower willingness to pay for the NCMS. We also find that the participation fee could be increased substantially to increase the size of the risk pool while scarcely affecting participation rates.

Country of focus: China.

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