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surveys, spanning eleven years, to answer this question with respect to labour market rewards in urban China. We conceptualize …
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Employing the news-based economic policy uncertainty (EPU) Index of Baker, Bloom, and Davis (2016) and quarterly data of Chinese listed companies, we find that an increase in EPU raises the average debt-to-asset ratio of state-owned enterprises (SOEs) but lowers that of private-owned enterprises...
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The inequality of wealth in China has increased rapidly in recent years. Prior to 1978 all Chinese households possessed … negligible wealth. China therefore presents a fascinating case study of how inequality of household wealth increases as economic … decomposed using data from two national sample surveys of the China Household Income Project (CHIP) relating to 2002 and 2013 …
Persistent link: https://www.econbiz.de/10011878840
The inequality of wealth in China has increased rapidly in recent years. Prior to 1978 all Chinese households possessed … negligible wealth. China therefore presents a fascinating case study of how inequality of household wealth increases as economic … decomposed using data from two national sample surveys of the China Household Income Project (CHIP) relating to 2002 and 2013 …
Persistent link: https://www.econbiz.de/10011876477
This paper addresses a puzzle in China's investment pattern: despite high aggregate investment and remarkable economic …
Persistent link: https://www.econbiz.de/10013109641