25 mayo 2012
Evidences in many developing countries have shown that road construction and reduction of trade barrier can improve fertilizer use, enhance domestic and international trade
16 enero 2012
Mortgage Rate and the Choice of Mortgage Length: Quasi-experimental Evidence from Chinese Transaction-level Data
This study estimates the effect of the mortgage rate spread between long- and short-term loans on property purchasers’ choice of loan length.
23 diciembre 2011
Estimating the Incidences of the Recent Pension Reform in China: Evidence from 100,000 Manufacturers
An ongoing reform in China mandates employers to contribute significant amounts to employee pension funds. The current study estimates the impact of this reform on the wage, employment and performance of firms using data from over 140,000 medium and large manufacturers in China during 2004 and 2006.