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 …

-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 …

jointly contributed to the upsurge in aggregate savings in China in the past two decades. Government policies to rebalance the …

response to changes in their parents' income. Exploiting a unique policy intervention in China, we examine using a difference …

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 …

Economic development implies that the efficiency of firms in developing countries is approaching that of firms in … privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … find that privatization to domestic owners did not markedly improve the efficiency of firms; domestic firms are not …