In 2005, the Chinese government launched the landmark “36 Clauses” reform, marking a critical step toward forging a more favorable market environment.
We investigate the relationship between high-skill returnees and innovation of Chinese publicly listed firms.
We provide new evidence on the causal effects of housing wealth on consumer behavior.
The Chinese government supports the development of dozens of industries today, but the long-run sustainability of this model depends crucially on policy efficiency.
We examine the effect of large-scale administrative reorganization in China, where counties are annexed into cities to accommodate urban growth.