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Growing Apart: Declining Within- and Across-Village Risk Sharing in Rural China

Orazio Attanasio, Costas Meghir, Corina Mommaerts, and Yu Zheng , May 25, 2022

China has embarked on an ambitious campaign to close income gaps, address regional inequality and unfair social welfare provision, and make solid progress toward common prosperity by 2035. This marks a shift in focus from overall growth to promoting equitable and balanced growth.

Can Environmental Regulation Enhance Productivity? Evidence from China’s Industrial Sector

Yangsiyu Lu, Jacquelyn Pless, Feb 19, 2025

Our study also contributes to the broader discourse on industrial policy (see Juhász, Lane, and Rodrik 2023 for a recent review of related academic literature). As debates about green industrial policy gains traction in the U.S., Europe, and beyond, there is revived interest in developing a better understanding of how it might impact economic activity. Although economic growth and environmental regulation are often pitted against each other, our findings suggest that this need not be the case.

BigTech Credit and Monetary Policy Transmission

Yiping Huang, Xiang Li, Han Qiu, Changhua Yu, Dec 07, 2022

By comparing business loans made by a BigTech bank with those made by traditional banks, this study finds that BigTech loans tend to be smaller, and the BigTech lender is more likely to grant credit to new borrowers than conventional banks in response to expansionary monetary policy.

Government-Directed Urban Growth, Firm Entry, and Industrial Land Prices in Chinese Cities

Jan K. Brueckner, Wenhua Liu, Wei Xiao, Junfu Zhang, May 17, 2023

We examine the effect of large-scale administrative reorganization in China, where counties are annexed into cities to accommodate urban growth.

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.