cooperation. We show that a judicious allocation of asset ownership can help by reducing the incentives to engage in hold up. In …

over assets and who bears the costs and benefits of those decisions. They assign ownership, wealth, political influence …

Private ownership should generally be preferred to public ownership when the incentives to innovate and to contain … the role of prices under socialism and capitalism and ignored the enormous importance of ownership as the source of … addressed through government contacting and regulation without resort to government ownership. The case for private provision …

, a level that China should achieve by or soon after 2015. Among our more provocative findings is that growth slowdowns …

To prepare for the 2008 Olympic Games, China adopted a number of radical measures to improve air quality. Using …

sectoral pattern of multinational activity. Using detailed customs data from China, we show that foreign affiliates and joint …

, China's stimulus boosted real GDP growth from an annualized 6.2% in the first quarter of 2009 trough to 11.9% in the first … speed and efficacy of China's stimulus derives from state control over its banking system and corporate sector. Beijing … ordered state-owned banks to lend, and they lent. Beijing ordered centrally-controlled state-owned enterprises (SOEs) to …

This paper studies the effect that changing demographic patterns have had on the household saving rate in China. We …