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Cash in the Darkness

Haohan Ren, Kemin Wang, Bohui Zhang, Fan Zhang, Jan 12, 2024

Relying on a large dataset on cash withdrawals of over 165 million bank cards from China, we find a higher ratio of cash withdrawals late at night is associated with criminal activity.

Environmentally Inclined Politicians and Local Environmental Performance:Evidence from Publicly Listed Firms in China

Hanming Fang, Honglin Ren, Danwen Song, Nianhang Xu, May 31, 2023

We investigate whether and how environmentally inclined politicians (EIPs), i.e., politicians with prior environment-related work experience, affect local environmental performance in China.

Fertility and Delayed Migration: How Son Preference Protects Young Girls Against Mother–Child Separation

Zibin Huang, Xu Jiang, Ang Sun, Aug 14, 2024

In rural China, the son preference paradoxically reduces the likelihood of early mother-child separation for girls, while boys are more prone to such separation.

Let a Small Bank Fail: Implicit Non-guarantee and Financial Contagion

Liyuan Liu, Xianshuang Wang, Zhen Zhou, Nov 27, 2024

The research findings indicate that after the failure of a small bank, regulatory authorities did not fully bail out all creditors as had been the norm, and this policy shift affected the funding costs and market confidence of banks with lower systemic importance (SU).

The Effect of the China Connect

Chang Ma, John Rogers, Sili Zhou, Aug 07, 2024

This article discusses that The China Connect not only introduced new learning channels by improving market efficiency, but also increased domestic firms' sensitivity to global shocks and revealed the policy trade-offs between efficiency and volatility in liberalization.