This paper investigates the role of the presence of foreign firms in a sector in influencing the privatization policy for domestic firms in that sector in China. We consider several variables to proxy for such presence, from the perspective of relative production scale, research and development...

This paper analyzes costly favoritism related to physical attractiveness and gender in bank loan markets using a market structure-based method. The rationale is that a concentrated market provides more space for loan officers to discriminate against a certain group of borrowers. Using several...

This paper empirically studies the impacts of intense exposure to the Cultural Revolution on individual's marriage decisions in China：timing of first marriage and denial in marriage. Consistent evidences from multiple national census datasets indicate that the intensely affected cohorts' first...