This paper develops and estimates the quantity based Markov-switching(MS) monetary policy rule for China. The MS regression results show that China's monetary policy rule does exist regime changes, and the best fit is with a version that allows time variation both in disturbance variance and...

We study the response of residential water demand to nonlinear prices by exploiting a natural experiment arising from a water pricing reform in a major Chinese city. The reform introduced an unconventional Increasing Block Tariff featuring prices set according to annual cumulative consumption...

We study the long-term effects of in utero exposure to treated tap water on childhood health in rural China, where boiling water before drinking is common to remove disease-causing microorganisms. We exploit the gradual roll-out of a rural drinking water program that supplies treated tap water...

Proxy re-encryption allows a semi-trusted proxy to convert the ciphertext of the data owner into the ciphertext of the target user. The certificateless proxy re-encryption eliminates the need for public key certificate in traditional public-key cryptography and key-escrow problem in...