We study the effect of (declining) Confucian social norms on human capital investment and savings rates in China. In our simple two-period model, parents have the option to invest in either a risk-free asset or the human capital of their child. We assume that social norms, and thus enforcement...

We provide empirical evidence on the effectiveness of target-based performance evaluation for bureaucrats in the context of the Two Control Zones policy in China. In 2006, the Chinese central government made sulphur dixoide (SO2) emissions cuts a major performance evaluation criterion for...