Using data from 1980, 1990, and 2000 U.S. censuses, as well as the 2010 and 2019 American Community Surveys and the 1993-2019 National Survey of College Graduates, we investigate the performance of Chinese immigrants in the U.S. labor market over the past 40 years since China initiated its...

Strengthening people-to-people ties is part of the Belt and Road Initiative’s (BRI) cooperation priorities and to be realised, among others, through student and academic exchanges, research cooperation, joint vocational training as well as tourism. Through national legislation and efforts in...

We study the effects of implicit government guarantee (IGG) on corporate investment by exploiting a series of defaults in China's onshore bond markets by state-owned enterprises (SOEs) starting in 2015. We find that SOEs reduce their investments by 2.4% of book assets, on average, relative to...

We investigate how the state's intervention in the investment decisions of Chinese local SOEs is affected by corporate control distance in the form of pyramidal layers and the geographical distance between the SOEs and their government controllers. Although both the corporate control distance...

In China, state governance in corporations serves the purpose of Party control over the political, social, and economic development and most importantly, stability of the country. Therefore, Chinese state owned firms have equally important corporate and social objectives. Both objectives must be...

Young traces the pivotal century of Chinese migration to the Americas, beginning with the 1840s at the start of the 'coolie' trade and ending during World War II. This book is the first transnational history of Chinese migration to the Americas. By focusing on the fluidity and complexity of...

Research has shown a limited labor mobility response to trade shocks. However, existing studies of aggregate mobility may miss important heterogeneity. This paper proposes a mechanism through which local labor markets adjust to trade shocks, namely immigrant mobility. I find a relative decline...