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We study the consequences of month-end lending incentives for Chinese bank managers. Using data from two banks, one state-owned and the other partially privatized, we show a clear increase in lending in the final days of each month, a result of both more loan issuance and higher value per loan....
Persistent link: https://www.econbiz.de/10012911690
reaction to adverse shocks to Sino-Japanese relations in 2005 and 2010. Japanese companies with high China exposure suffer …
Persistent link: https://www.econbiz.de/10013054515
evaluate its welfare consequences. This paper examines an important industrial policy in China in the 2000s, aiming to propel … model of firm entry, exit, investment, and production, we find that the scale of the policy was massive and boosted China …
Persistent link: https://www.econbiz.de/10013324653