This paper estimates trends in absolute poverty in urban China from 1988 to 2002 using the Chinese Household Income …

heterogeneous welfare effects of labor market integration. Whereas individuals without residential property lose from immigration …

banking development reduces the cash flow sensitivity of fixed investment spending, particularly for small firms, and that it …

We test whether financial fluctuations affect firms' decisions, through their impact on banks' cost of funding. We …-2012 sovereign debt crisis. Using newly available data linking over 3,000, mostly privately-held, non-financial firms to their bank(s …), we find that increases in Italian banks' CDS spreads and decreases in their equity valuations lead younger and smaller …

continues to absorb more than half of all fixed investment. If capital had been allocated efficiently, China could have achieved …China has achieved impressive growth over the last three decades. However, there has been debate over the sources of … role of rising rates of investment. Because labor reallocation across sectors, TFP growth at the sector level and …

This paper analyzes child poverty in Bangladesh and China during periods of rapid economic growth in both countries. It … found to be more extensive in Bangladesh than in China, and is very much a problem for rural children in both countries. The …

Despite its unprecedented growth in output per capita in the last two decades, China has essentially followed the life … fourfold improvement in the level of per capita consumption that has occurred. As in the European countries, in China the trend … in China has fallen chiefly on the lowest socioeconomic groups. An initially highly egalitarian distribution of life …

income trap" as China exhausts the benefits of international technology transfer. IKC is productivity-enhancing among Chinese … China's IKC generates patents in China, but fewer than in major industrialized economies. Among domestically owned …

We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth … patterns can be understood as a function of several interrelated factors, which include investment in physical capital, human … regional gaps in China as well as an efficient means to promote economic growth. …