Why would a strong authoritarian state choose not to enforce its own policy? We extend the theory of forbearance to the authoritarian context and incorporate both the supply and demand sides in our theoretical framework. In the context of China's modern social insurance system, we argue that the...

While recent literature suggests that employers learn about the productivity of new workers over time, there is little consensus on how information about workers' productive ability is accumulated by current and outside employers in the labor market. This paper studies the role played by...

Women's participation rate in the high-growth entrepreneurship has been consistently lower than in other high-skilled jobs for previous decades. This paper aims to explain this unique persistent gender gap in both the US venture capital industry and the US entrepreneurial activities from the...