About the Speaker
Dr. Fan Yi is an assistant professor in the Department of Real Estate, National University of Singapore. Her research focuses on sustainability and social mobility. Her work has been published at leading international journals, such as American Economic Journal: Economic Policy, Journal of Urban Economics, Journal of Economic Behavior & Organization, Journal of Regional Science, and China Economic Review. Her work has also been featured by local and international media, such as The Economist, VoxChina, The Wall Street Journal, and Straits Times. She has been leading/participating in 6 Research Grants under Singapore Ministry of Education or National Natural Science Foundation of China. She is the recipient of competitive NUS Humanities and Social Sciences Faculty Research Fellowship 2022 and NUS Business School Teaching Excellence Award 2021.
In quasi-natural experiments in Singapore, we find evidence that large-scale social engineering programs improve intergenerational mobility in housing consumption for a large sample of parent-child pairs from 1995 to 2018. We find three mobility trends: upward for children in grass-roots families, downward for children in middle-class families, and high persistence for children in upper-class families. Affordable public housing and high-quality public education are mechanisms driving intergenerational mobility in housing consumption for children born to grass-root parents. The programs free up budget constraints and improve human capital, and are instrumental in promoting upward mobility, especially for children born in disadvantaged families. Our results shed light on the design of social engineering programs for other nations.
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