In this paper, we use the Chinese General Social Survey data to analyse the returns to upper secondary vocational education in China. To address possible endogeneity of vocational training due to omitted heterogeneity, we construct a novel instrumental variable using the proportion of tertiary...

In this paper, we apply Generalized Propensity Score Matching (GPSM) method, which deals with a continuous treatment variable, to estimate the returns to education in China from 2010 to 2017. Results are compared with OLS estimates from the classical Mincerian equation, as well as estimates from...

In this paper, we apply Generalized Propensity Score matching (GPSM) method, which deals with a continuous treatment variable, to estimate the returns to education in China from 2010 to 2017. Results are compared with OLS estimates from the classical Mincerian equation, as well as estimates from...

Different water agencies use different modeling tools for water resources planning and management. For example, different jurisdictions in Australia use a variety of river system models and these models vary considerably in approach and assumptions, including different time steps (monthly and...

Coastal roads are lifelines for bringing emergency personnel and equipment into affected areas after tsunamis, thus careful thought should be given to how to make roadways safer from tsunamis. Scouring at roadways is the primary damage caused by tsunamis; however, tsunami-induced scouring and...

How the duration of housing allowance spells varies with the generosity of the housing allowance system carries important policy implications. In 1997, the Swedish housing allowance system implemented a drastic reform which substantially affected claimants who were couples with children in terms...

Jie Chen and Bruce J. Dickson draw on extensive fieldwork as they explore the extent to which China’s private sector supports democracy, surveying more than 2,000 entrepreneurs in five coastal provinces with over 70 percent of China’s private enterprises. The authors examine who the private...

We argue that financial frictions and financial shocks can be an important factor behind the slow recoveries from the three most recent recessions. To illustrate this point, we augment a simple RBC model with a collateral constraint whose tightness is randomly disturbed by a shock that...