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Well-functioning markets allocate assets to owners that improve firms' management and performance. We study the effects of ownership changes on coffee mills in Rwanda - an industry in which managing relationships with farmers and seasonal workers is important and that has seen many ownership...
Persistent link: https://www.econbiz.de/10013334447
Do information frictions limit the benefits of financial inclusion drives for the rural poor? We evaluate an experimental intervention among recently banked poor Indian women receiving government cash transfers via direct deposit. Treated women were provided automated voice calls confirming...
Persistent link: https://www.econbiz.de/10013334506
-century China's most important wars. Our identification strategy exploits the locality-time-content variation in the circulation of …
Persistent link: https://www.econbiz.de/10014226144
We consider risk sharing in rural China during its rapid economic transformation from the late 1980s through the late …
Persistent link: https://www.econbiz.de/10013334362
production and the subsequent transition to higher value exporting in China. Using data covering the universe of registered firms …
Persistent link: https://www.econbiz.de/10014322864
We estimate the size of the likely unofficial income of a household with a government official by the difference between the income that would be necessary to explain their observed home purchase behavior and the official income. Using unique and comprehensive administrative records on the House...
Persistent link: https://www.econbiz.de/10014372505
We study the demand for government participation in China's venture capital and private equity market. We conduct a …
Persistent link: https://www.econbiz.de/10013334380
As a bridge between Chinese mainland and international financial markets, the Stock Connect program allows investors on both sides to gain mutual access. By analyzing how cross-border flows respond to macro-related shocks, we show that compared with possibly homemade foreign investors, genuine...
Persistent link: https://www.econbiz.de/10013537785
China's financial system has been integral to its spectacular economic growth over the past 40 years. We review the … recent literature on China's financial system and its connections to the Chinese economy based on the categories of Aggregate … China's financial system. While early work on China's financial system emphasizes the state-owned enterprise (SOE) reform …
Persistent link: https://www.econbiz.de/10013361979
In this chapter, we review the development of the insurance industry in China. We provide a comprehensive discussion of …
Persistent link: https://www.econbiz.de/10014287393