Showing 1 - 10 of 603
This paper develops a novel procedure for proxying economic activity with day-time satellite imagery across time periods and spatial units, for which reliable data on economic activity are otherwise not available. In developing this unique proxy, we apply machine-learning techniques to a...
Persistent link: https://www.econbiz.de/10013369334
-seeking behavior. In China, researchers have frequently argued that village cadres, who are the lowest level of administrators in rural … and non-cadre households in rural China without controlling for unobserved dimensions of ability that are also correlated … who is a cadre. Given the increasing returns to non-agricultural employment since China's economic reforms began, it is …
Persistent link: https://www.econbiz.de/10009550664
jointly contributed to the upsurge in aggregate savings in China in the past two decades. Government policies to rebalance the … policies ; China …
Persistent link: https://www.econbiz.de/10009716768
This paper provides evidence on how executive compensation relates to firm performance in listed firms in China. Using … comprehensive financial and accounting data on China's listed firms from 1998 to 2002, augmented by unique data on executive … cash compensation (salary and bonus) for top executives with respect to shareholder value in China. In addition, sales …
Persistent link: https://www.econbiz.de/10003225948
Using comprehensive financial and accounting data on China's listed firms from 1998 to 2002, augmented by unique data … listing suspension mechanism, i.e., the ST designation, adopted by China's securities regulatory agency appears to be … literature on economic transition, our findings suggest that any fundamental improvement in China's corporate governance will …
Persistent link: https://www.econbiz.de/10003253453
In China, real estate and the stock market are the two main markets favored by both individual and institutional … stock market and real estate sector's trading volumes in 31 provinces of China. Its empirical results are based on panel …
Persistent link: https://www.econbiz.de/10013172898
Over the last decade, the internal and external macroeconomic imbalances in China have risen to unprecedented levels …. In 2008, China's national savings rate soared to over 53 percent of its GDP, whereas its current account surplus exceeded …, the accession of China to the World Trade Organization has dramatically amplified the effects of these structural …
Persistent link: https://www.econbiz.de/10009656609
response to changes in their parents' income. Exploiting a unique policy intervention in China, we examine using a difference …
Persistent link: https://www.econbiz.de/10012062263
This paper is concerned with empirical and theoretical basis of the Efficient Market Hypothesis (EMH). The paper begins with an overview of the statistical properties of asset returns at different frequencies (daily, weekly and monthly), and considers the evidence on return predictability, risk...
Persistent link: https://www.econbiz.de/10003985756
Despite the increasing importance of remittances in total international capital flows, the relationship between remittances and growth has not been adequately studied. This paper studies one of the links between remittances and growth, in particular how local financial sector development...
Persistent link: https://www.econbiz.de/10003333108