This paper exploits a tax reform on manufacturing firms in China to study the impact of taxes on firm innovation. The …

This paper documents facts about the structure of business taxation in China using administrative tax data from 2007 to …. Second, we evaluate whether the structure of China's tax revenue matches its stage of development. A cross-country comparison … of sources of government revenue shows that China collects a high share of tax revenue from taxes on goods and services …

financial repression in China through the introduction of a money market fund with deposit-like features available through an …

Consistent with reduced expected corruption adding value overall, Chinese shares rise sharply on the December 4th 2012 … launch of major anti-corruption reforms, which started by curtailing extravagant spending by or for Party cadres. SOEs gain … investors expecting reduced corruption to complement and perhaps intensify the development of market institutions …

Using a large, unique dataset on the Chinese housing market, we propose to measure corruption using the price … driven by alternative explanations, thus they are evidence of corruption and measures of the market value of government power …

We document evidence of corruption in Chinese state asset sales. These sales involved stakes in partially privatized … with deal attributes associated with misgovernance and corruption. Sales by "disguised" owners that misrepresent their …

to detect. Embezzlement serves as a parallel to the "efficiency wage." This logic appears to hold in China, where …