This paper argues that urbanization reshapes individual's risk preference by exerting self-selection and assimilation … average. Overall, urbanization improves migrants' risk appetite, and mediated by this improvement, migrants are more likely to …

China's central government has rightfully recognized that successful urbanization will be decisive for the nation … the main drivers of urbanization, and that provides migrants with greater urban socio-economic opportunities, improves … working paper: "Urbanization in China and how urban housing demand can be met", by specifying the underlying forces of …