In this paper, we discuss monetary thought in ancient China from the perspective of Western monetary theory. We set out … the structure of economic activity in the various dynasties of ancient China and emphasize the differences in monetary … structure from those of Europe and later North America. Imperial China was a politically integrated structure with regional …

We document the sharp expansion of higher education in China beginning in 1999 and analyze its impacts on the …-in-difference strategy, we find that China's expansion policy has sharply increased the unemployment rate among young college graduates, and …