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Using a new, nationally representative sample of Chinese households, this paper studies how social capital affects … access to credit and its implications for consumption levels. The paper focuses on two specific forms of social capital … that the link is causal. However, the study finds no evidence that social capital has facilitated formal credit market …
Persistent link: https://www.econbiz.de/10012935257
Using a new, nationally representative sample of Chinese households, this paper studies how social capital affects … access to credit and its implications for consumption levels. The paper focuses on two specific forms of social capital … that the link is causal. However, the study finds no evidence that social capital has facilitated formal credit market …
Persistent link: https://www.econbiz.de/10012245559
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This paper uses a new data set of Chinese state-owned enterprises (SOEs) and private firms to evaluate the effects of labor downsizing on firms' technical efficiency, financial performance, and employee wages. Since downsizers and non-downsizers differ greatly in firm characteristics, we use...
Persistent link: https://www.econbiz.de/10014063362
The literature on aid and growth has not found a convincing instrumental variable to identify the causal effects of aid. This paper exploits an instrumental variable based on the fact that since 1987, eligibility for aid from the International Development Association (IDA) has been based partly...
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