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Our study documents a “Lemons” market failure of Chinese firms listed in the US in 2011 and a subsequent rebound by 2013. Our tests reveal that there was little difference in ex ante observable characteristics of fraudulent and non-fraudulent Chinese firms listed in the US prior to 2011...
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This study comprehensively examines export tariff liberalization’s influence on women’s marital and fertility decisions in China, using accession to the WTO as a natural experiment. Our identification relies on the shift-share design that combines industry-level variation in export tariff...
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