This paper investigates the market microstructure of the Shanghai and Shenzhen Stock Exchanges. The two major Chinese stock markets are pure order-driven trading mechanisms without market makers, and we analyze empirically both limit order books. We begin our empirical modeling using the vector...

Purpose – Investigating the characteristics of the transformation of China's agricultural growth and the institutional reforms during the whole transition period in the 1980s will help to understand China's economic and agricultural reform and offer some successful experiences to other...

This paper examines factors that shape people’s perceptions of government corruption in China. We are particularly interested in how people acquire information on local corruption, given the general lack of pertinent first-hand experience. We combine the data from a national survey in Mainland...

The purpose of this paper is twofold. First, we propose a theoretical framework to examine popular democratic conceptions in societies with limited experiences of democratic politics. Second, following this framework, we use new survey instruments to investigate the origins and consequences of...

This paper examines the robustness of Chinese college freshmen’s self-reported trust in their political incumbents and institutions, as well as their support to the Chinese political system, under different experimental conditions. More specifically, this paper scrutinizes the possible...