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Housing Wealth and Online Consumer Behavior: Evidence from the Xiong’an New Area in China

Hanming Fang, Long Wang, Yang Yang, Nov 16, 2022

We provide new evidence on the causal effects of housing wealth on consumer behavior.

Social Media Engagement Increases Government Action, Decreases Pollution

Mark Buntaine, Michael Greenstone, Guojun He, Mengdi Liu, Shaoda Wang, Bing Zhang, Dec 14, 2022

In China, citizen participation in environmental governance via social media could significantly improve regulatory effort, leading to substantial environmental benefits.

Local Government Financial Constraint and Spending Multiplier in China

Yang Su, Dec 28, 2022

Local fiscal policies have been very effective in China since 2000.

Discounting Chinese Industrial Policy

Andrew J.Sinclair, Chuyi Zhang, Jan 31, 2024

The Chinese government supports the development of dozens of industries today, but the long-run sustainability of this model depends crucially on policy efficiency.

Bond for Employment: Evidence from China

Yi Huang, Shu Lin, Haichun Ye, Feb 15, 2023

Using the unique institutional feature of government regulations in China, we provide robust evidence that firms with a larger employment size have significantly better access to bond credit.