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Intergeneration Transfer of Human Capital : Results from a Natural Experiment in Taiwan
Tsai, Wehn-Jyuan - 2011
We exploit a natural experiment to estimate the causal impact of parental education on educational outcomes of their children when they are high school seniors. In 1968, the Taiwanese government extended compulsory education from 6 to 9 years and opened over 150 new junior high schools at a...
Persistent link: https://www.econbiz.de/10012461783
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The Unintended Impacts of Agricultural Fires : Human Capital in China
Zivin, Joshua S. Graff - 2019
detected by high-resolution satellites in China during 2005 to 2011, this paper investigates the impacts of fires on cognitive …
Persistent link: https://www.econbiz.de/10012480149
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Target setting and Allocative Inefficiency in Lending : Evidence from Two Chinese Banks
Cao, Yiming - 2018
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/10012480614
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The Real Value of China's Stock Market
Carpenter, Jennifer N. - 2015
China is the world's largest investor and greatest contributor to global economic growth by wide margins, and will … sustain this growth. This paper shows that China's stock market has a crucial role to play. Since the reforms of the last … decade, China's stock market has become as informative about future corporate profits as in the US. Moreover, though it is a …
Persistent link: https://www.econbiz.de/10012457709