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Housing Prices, Inter-Generational Co-Residence, and “Excess” Savings by the Young : Evidence Using Chinese Data
Rosenzweig, Mark R. - 2019
their individual savings rates by age. Using unique data from China that enable the re-construction of whole families and … young in China would be 21% lower if housing prices were at the same ratio to disposable incomes as that observed in the …
Persistent link: https://www.econbiz.de/10012863690
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Quid Pro Quo, Knowledge Spillover, and Industrial Quality Upgrading : Evidence from the Chinese Auto Industry
Bai, Jie; Barwick, Panle Jia; Cao, Shengmao; Li, Shanjun - 2022
While there is a vast body of research on the benefits of FDI in developing countries, whether and how the form of FDI matters have received limited attention. This paper studies the impact of FDI via quid pro quo (technology for market access) on facilitating knowledge spillover and quality...
Persistent link: https://www.econbiz.de/10014094631
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"Quick Response" Economic Stimulus : The Effect of Small-Value Digital Coupons on Spending
Xing, Jianwei; Zou, Eric; Yin, Zhentao; Wang, Yong - 2022
We study a new consumption stimulus model that leverages mobile payment platforms to dispense massive amounts of small-value, use-it-this-week-or-lose-it digital coupons. We evaluate the effects of one such program in a large Chinese city using novel data of mobile platform transactions of 1...
Persistent link: https://www.econbiz.de/10014094970
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Popular Attitudes Towards Free Markets : The Soviet Union and the United States Compared
Shiller, Robert J.; Boycko, Maxim; Korobov, Vladimir - 2021
Random samples of the Moscow' and New York populations were compared in their attitudes towards free markets by administering identical telephone interviews in the two countries in May, 1990. Although the Soviet respondents were somewhat less likely to accept exchange of money as a solution to...
Persistent link: https://www.econbiz.de/10013224197
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U.S. Macroeconomic Policy and Performance in the 1980s : an Overview
Mishkin, Frederic S. - 2021
This piper provides an overview of U.S. macroeconomic policy andperformance in the 1980s by first outlining the behavior of key economicvariables and then discussing the policies that have affected thesevariables. After gaining some insight into the interaction between thesepolicies and...
Persistent link: https://www.econbiz.de/10013233873
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Economic Policy Uncertainty and the Credit Channel : Aggregate and Bank Level U.S. Evidence Over Several Decades
Bordo, Michael D. - 2016
Economic policy uncertainty affects decisions of households, businesses, policy makers and Financial intermediaries. We first examine the impact of economic policy uncertainty on aggregate bank credit growth. Then we analyze commercial bank entity level data to gauge the effects of policy...
Persistent link: https://www.econbiz.de/10012997906
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U.S. Macro Policies and Global Economic Challenges
Aizenman, Joshua; Ito, Hiro - 2022
This paper overviews different exit strategies for the U.S. from the debt-overhang, and analyses their implications for emerging markets and global stability. These strategies are discussed in the context of the debates about secular-stagnation versus debt-overhang, the fiscal theory of the...
Persistent link: https://www.econbiz.de/10014089910
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The China Syndrome : Local Labor Market Effects of Import Competition in the United States
Autor, David H. - 2012
We analyze the effect of rising Chinese import competition between 1990 and 2007 on local U.S. labor markets, exploiting cross-market variation in import exposure stemming from initial differences in industry specialization while instrumenting for imports using changes in Chinese imports by...
Persistent link: https://www.econbiz.de/10013106658
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An Integrated Assessment of Water Markets : Australia, Chile, China, South Africa and the USA
Grafton, Quentin - 2014
particular the Limarí Valley); (3) China (in particular, the North); (4) South Africa; and (5) the western United States. It …
Persistent link: https://www.econbiz.de/10013069511
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What is the Price of Tea in China? Towards the Relative Cost of Living in Chinese and U.S. Cities
Feenstra, Robert C. - 2017
We examine the price and variety of products at the barcode level in cities within China and the United States. In both … countries, there is a greater variety of products in larger cities. But in China, unlike the United States, the prices of … follows that the cost of living for grocery-store products in China is lower in larger cities. We further compare the cost …
Persistent link: https://www.econbiz.de/10012963166