This paper proposes a theoretical model that incorporates corporate governance into the basic CAPM, where corporate …

firms in China. Using a unique and detailed dataset on manufacturing firms in China, we are able to follow the changes in … location patterns of firms between 2002 and 2008. Our analysis shows that firms in China are more localized than in the UK or … state-owned firms. Our findings are consistent with the notion that China is increasingly liberalizing its economy, enabling …

This paper investigates the time-varying impact of oil price uncertainty on stock prices in China using weekly data on …

euro-dollar rate, whatever the exchange-rate regime of China. Moving to a dynamic, stock-flow framework, we show that the …

We investigate the relationship between unemployment and growth in China. We find considerable differences in the … China, furthermore, appears to be close to the level associated with optimal speed of transition. …

China has been provoked into speeding renmnibi internationalization. But despite rapid growth in offshore financial … could attract even more hot money inflows, the People’s Bank of China should focus on tightly stabilizing the yuan/ dollar … exchange rate to encourage naturally high wage increases for balancing China’s international competitiveness. …

China. We demonstrate that drug advertising inspections are used by provincial governments to discriminate against firms …

domestic market. A counterfactual analysis suggests that eliminating these subsidies would result in a welfare gain for China …