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How Does Salient Academic Rank Affect Student Performance? Insights from a Chinese Middle School Study

Rigissa Megalokomomou, Yi Zhang, Nov 20, 2024

This article reveals interesting insights into the effects and mechanisms of achievement rank when it becomes salient to students and their parents.

Bonds of Love: Patriotism and the Rise of Modern Banks

Yuchen Sun, Wanda Wang, Yuchen Xu, Sep 11, 2024

This article discusses that patriotism could be an alternative source of trust in government and financial institutions, particularly during challenging times.

Demand for Retirement Insurance: What Do People Want?

Cheng Wan, Hazel Bateman, Hanming Fang, Katja Hanewald, Oct 02, 2024

This article discusses the diversity and preference variations in the demand for retirement insurance among urban residents in China, particularly the high demand for health-related insurance such as critical illness (CI) and long-term care (LTC) insurance, and how individual financial circumstances, risk appetites, and bequest motives significantly influence their choice of retirement insurance products.

Environmental Externalities, Product Attributes, and Market Power: Implications for Government Subsidies

Panle Jia Barwick, Hyuk-soo Kwon, Shanjun Li, Sep 18, 2024

The article discusses how attribute-based subsidy (ABS) designs lead to higher product quality and more effectively mitigate market power than uniform subsidies, albeit with a modest environmental cost.