The empirical analysis of precautionary savings based on household level has long suffered from the assumption of no risk-sharing behavior and measurement errors. Using a unique dataset from China Health and Nutrition Survey (CHNS), we provide an explicit estimate of the relative prudence...

The empirical analysis of precautionary savings based on household level has long suffered from the assumption of no risk-sharing behavior and measurement errors. Using a unique dataset from China Health and Nutrition Survey (CHNS), we provide an explicit estimate of the relative prudence...

The empirical analysis of precautionary savings based on household level has long suffered from the assumption of no risk-sharing behavior and measurement errors. Using a unique dataset from China Health and Nutrition Survey (CHNS), we provide an explicit estimate of the relative prudence...

The empirical analysis of precautionary savings based on household level has long suffered from the assumption of no risk-sharing behavior and measurement errors. Using a unique dataset from China Health and Nutrition Survey (CHNS), we provide an explicit estimate of the relative prudence...

We use data from a large survey of Chinese firms to investigate whether local government efforts to facilitate market development improve firm efficiency. Both government provision of information about products, markets, and innovation and government assistance in arranging loans are positively...