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Credit Constraints and Fraud Victimization: Evidence from a Representative Chinese Household Survey
Nan Gao, Yuanyuan Ma, Lixin Colin Xu, Jun 09, 2021How and why do household credit constraints affect fraud victimization when households face fraud schemes? Using the urban sample of a novel nationally representative data set on fraud victimization and household finance, we find that households facing credit constraints are associated with a higher probability of becoming fraud victims and suffer from higher economic losses from frauds than households...
Why Are So Many Young Women Moving to China’s Big Cities?
Yumi Koh, Jing Li, Yifan Wu, Junjian Yi, Hanzhe Zhang, Dec 03, 2025It’s not just about jobs. It’s also about love, status, and the marriage market.
Estimating the Role of Air Quality Improvements in the Decline of Suicide Rates in China
Tamma Carleton, Peng Zhang, Liguo Lin, Maigeng Zhou, Jun 19, 2024This article discussing the correlation between reduced air pollution and lower suicide rates notes that as air pollution decreases, suicide rates also decline...
Employment Protection and Corporate Cash Holdings: Evidence from China’s Labor Contract Law
Chenyu Cui, Kose John, Jiaren Pang, Haibin Wu, Oct 13, 2021We examine whether and how employment protection influences corporate cash holdings using Chinese firm-level data. Our empirical results show that labor-intensive firms in China significantly increased their cash holdings following the enactment of China’s Labor Contract Law. Further analyses suggest that the results are generally consistent with a “labor adjustment costs” channel: employment protection...
Building Tall, Falling Short: An Empirical Assessment of Chinese Skyscrapers
Ziyang Chen, Ting Chen, Yatang Lin, Jin Wang, Jun 04, 2025Amid debates around state-led urbanization in developing countries, we analyze the causes and consequences of China’s skyscraper boom. We find that local governments often subsidize these projects through discounted land prices, motivated by political incentives. However, we find that such subsidies offer minimal long-term benefits, largely due to a mismatch with local conditions.
