This research study employs data from two surveys; one of Chinese households and the other of Chinese enterprises. The study examines attitudes of Chinese households and enterprises to risk and insurance issues. The report first describes the surveys. It then presents a theoretical framework for...

This paper empirically analyzes the liquidity characteristics of asset price boom-busts and the implicit information of asset prices in China during the period 1998-2011. The results indicate that liquidity plays an important role in asset price cycles and asset prices contain specific...