The Effects of Labor Contract Signing on Migrant Workers Household Consumption in China
Based on data from the Rural-Urban Migration in China(RUMiC)survey data-base,this study employs a Difference-in-Differences(DID)model to examine the impact of labor contract signing on the household consumption of migrant workers.The results indicate that la-bor contract signing stabilizes the income expectations of migrant workers by enhancing labor protection,reduces their precautionary savings motives,and increases their current household consumption.Among the twelve detailed categories of household consumption for migrant work-ers,labor contract signing increases their expenditures on medical care,non-savings insurance,and high-end consumer goods,while decreasing their transportation expenditures.In light of this,it is recommended to further improve labor laws and regulations to effectively safeguard the legitimate rights and interests of rural migrant workers,intensify vocational skills training for migrant workers,promote the process of migrant workers'urbanization in an orderly manner,and stabilize their income expectations.
labour protectionhousehold consumptionincome expectationprecautionary savingrural migrant works in cities
万方数据
