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Sharing the Entrepreneurial Wealth?

Josh Lerner, Junxi Liu, Jacob Moscona, David Yang, Jun 12, 2024

This article discussing the emergence of China in the field of innovation and entrepreneurship is reshaping the global entrepreneurial landscape, paving novel ways for achieving a broader wealth sharing.

Government as Venture Capitalists in AI

Martin Beraja, Wenwei Peng, David Yang, Noam Yuchtman, Nov 06, 2024

This article discusses that government venture capital funds in China are more geographically dispersed than private venture capital, particularly in inland and less developed areas, and they are more inclined to invest in AI companies with weaker ex-ante productivity signals.

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.

Does Farming Culture Shape Household Financial Decisions?

Fang Yu, May 01, 2024

This article discussing the collectivist culture from traditional rice farming in China leads households to prefer stock market investments and lottery purchases while reducing their need for insurance. This demonstrates the strong influence of cultural heritage on modern financial decisions and highlights the need to consider cultural factors in financial policy making.The collectivist culture from traditional rice farming in China leads households to prefer stock market investments and lottery purchases while reducing their need for insurance. This demonstrates the strong influence of cultural heritage on modern financial decisions and highlights the need to consider cultural factors in financial policy making.The collectivist culture from traditional rice farming in China leads households to prefer stock market investments and lottery purchases while reducing their need for insurance. This demonstrates the strong influence of cultural heritage on modern financial decisions and highlights the need to consider cultural factors in financial policy making.

Horizon Risk in Rental Housing: Evidence from a PropTech Rental Platform

Jiayin Hu, Maggie R. Hu, Shangchen Li, Yingguang Zhang, Zheng Zhang, Jul 10, 2024

This article discussing that landlords in areas with faster housing price growth tend to offer shorter-term contracts and are less likely to renew expired contracts.