model incorporating England's and China's distinct pre-modern risk-sharing institutions. The model predicts a transition in … England and not China even with equal levels of risk sharing. Under the clan-based Chinese institution, the relatively risk …

China has achieved tremendous economic progress in the last three decades, but there is much work to be done to make … in striking the right balance in terms of speed and coordination of reforms. We argue that China's current stage of …

incomes from 1986 to 1999. Using a detailed household-level data set from rural China, we find robust evidence that initial …

global middle class in China and 33 other countries and analyze China's expanding middle class in international perspective …. China's global middle class has grown rapidly and has been catching up with that in developed countries. By 2018 China …'s global middle class constituted 25 percent of China's population; in absolute size it was nearly double the size of the …

We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth … regional gaps in China as well as an efficient means to promote economic growth …