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may affect policy learning and policy outcomes. We aim to describe and understand China's policy experimentation since … conducted in China over the past four decades. We find three main results. First, more than 80% of the experiments exhibit … national policies originating from the experimentation. Taken together, these results suggest that while China's bureaucratic …
Persistent link: https://www.econbiz.de/10012660080
This paper studies the employment and productivity implications of new labor regulations in China. These new …
Persistent link: https://www.econbiz.de/10012460711
Using Musgrave's The Theory of Public Finance as a starting point, this paper reviews the scholarly developments in Public Sector Dynamics during the past three decades, placing emphasis not only on accomplishments but also areas in need of additional research. The review is organized into...
Persistent link: https://www.econbiz.de/10012475509
Despite a vast accumulation of private capital, China is not embracing capitalism. Deceptively familiar capitalist … introduces the chapters comprising the NBER volume Capitalizing China (Fan and Morck, eds. 2012), which examine China's high … consider policy alternatives the CCP might consider if its goal is China's elevation into the ranks of high income countries …
Persistent link: https://www.econbiz.de/10012460970
The quality of governance depends on public sector worker productivity. We use micro data from China to document that …
Persistent link: https://www.econbiz.de/10012479547
We examine window dressing phenomenon in the public sector by studying the strategic responses of Chinese local officials to the compulsory education promotion program launched by the central government in the 1990s. According to this program, the Chinese counties should receive inspections on...
Persistent link: https://www.econbiz.de/10012481481
In this paper we study the effects of school finance reforms on the distribution of school spending across richer and poorer districts, and the effects of spending equalization on the distribution of student outcomes across children from different family backgrounds. We use school district data...
Persistent link: https://www.econbiz.de/10012472047
This paper develops a political-economic model of fiscal policy one in which" government resources are a common property' out of which interest groups can finance" expenditures on their preferred items. This setup has striking macroeconomic implications. " First, fiscal deficits and debt...
Persistent link: https://www.econbiz.de/10012472479
Changes in fiscal policy typically entail two kinds of lags: the legislative lag--between when legislation is proposed and when it is signed into law--and the implementation lag--from when a new fiscal law is enacted and when it takes effect. These lags imply that substantial time evolves...
Persistent link: https://www.econbiz.de/10012462293
In this lecture, I argue that there are remarkable parallels between how monetary and fiscal policies operate on the macro economy and that these parallels are sufficient to lead us to think about transforming fiscal policy and fiscal institutions as many countries have transformed monetary...
Persistent link: https://www.econbiz.de/10012463382