【题 目】Rewiring Risks: Robots and Household Balance Sheets
【时 间】2026年9月16日（星期三），14:00-15:30
【地 点】京师大厦9406会议室
【主讲人】王曈 副教授 （山东大学经济学院）
【主持人】王言 讲 师 （欧洲杯 ）
摘要：
Automation changes productivity, labor demand, and household income, but its consequences may extend beyond the labor market to how households organize their assets and debts. Using Chinese household panel data linked to city-level robot exposure, we find that greater exposure leads to a broad reallocation of household balance sheets. Households accumulate nonfinancial wealth, become more likely to own housing, reduce credit-card and car debt, and shift financial holdings away from fixed deposits and stocks toward other financial products. Labor-market evidence points to a combination of higher average earnings and larger short-run income fluctuations. Taken together, the evidence suggests that changes in both household resources and income stability shape wealth accumulation, debt management, and portfolio choice. These responses vary with households' baseline labor-market characteristics and initial financial positions, consistent with differences in both exposure to labor-market change and the capacity to adjust. More broadly, our findings show that evaluating automation solely through employment and earnings misses an important dimension of structural transformation: how its gains and risks are absorbed through household balance sheets.
报告人简介：
王曈，山东大学经济学院副教授，德国法兰克福大学经济学博士。研究方向为宏观经济学、劳动经济学。研究成果发表于Labour Economics, Economic Inquiry和Macroeconomic Dynamics等国际期刊。主持国家自然科学基金、山东省自然科学基金等科研项目。
