Based on a county-level monthly panel data from four provinces and a province-level monthly panel data from 21 provinces from 2009 to 2015, we use the regression discontinuity method to examine the impacts of the tired pricing reform implemented in July 2012 on residential electricity use in...

Three profound changes -- the mortality, fertility and contraception transitions -- characterized the Victorian era in England. Economists, following Becker (1960), focus on the first two and underplay the third by assuming couples can achieve their fertility target at no cost. The historical...

A cornerstone of demographic transition theory is that declines in infant and child mortality plausibly explain the onset of fertility decline in most countries. Simple versions of the Barro-Becker model of fertility choice have trouble delivering this link. We propose an extension, the...

Numerous researchers have incorporated labor or credit market frictions within simple neoclassical models to (i) facilitate quick departures from the Arrow-Debreu world, thereby opening up the role for institutions, (ii) inject some realism into their models, and (iii) explain cross country...

Numerous researchers have incorporated labor or credit market frictions within simple neoclassical models to (i) facilitate quick departures from the Arrow-Debreu world, thereby opening up the role for institutions, (ii) inject some realism into their models, and (iii) explain cross country...

Three profound changes - the mortality, fertility and contraception transitions - characterized the Victorian era in England. Economists, following Becker (1960), focus on the first two and underplay the third by assuming couples can achieve their fertility target at no cost. The historical...