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Labor Market Discrimination against Family Responsibilities: A Correspondence Study with Policy Change in China

Haoran He, Sherry Xin Li, Yuling Han, Jan 24, 2024

China shifted its controversial one-child policy (1979–2015) to a two-child policy in 2016. We take advantage of the unexpected timing of this policy change and the heterogeneities in the pre-change environment to investigate labor market discrimination against expected family responsibilities.

“To Go Electric or to Burn Coal? A Randomized Field Experiment of Informational Nudges”

Hanming Fang, King King Li, Peiyao Shen, Feb 07, 2024

We conducted a randomized field experiment of informational nudges in northern China to investigate the potential obstacles that may hinder households from adopting cleaner heating, and evaluate the effectiveness of simple SMS nudges in encouraging the transition to electric heating.

Cash in the Darkness

Haohan Ren, Kemin Wang, Bohui Zhang, Fan Zhang, Jan 12, 2024

Relying on a large dataset on cash withdrawals of over 165 million bank cards from China, we find a higher ratio of cash withdrawals late at night is associated with criminal activity.

Financial Spillovers of Foreign Direct Investment: Evidence from China

Haoyuan Ding, Shu Lin, Shujie Wu, Haichun Ye, May 08, 2024

Foreign Direct Investment (FDI) has enhanced the financial conditions of Chinese enterprises, particularly through the financial spillover effects generated by supply chain connections, which have helped to reduce the burden of trade credit and increase opportunities for bank financing.

Government Deleveraging and Non-SOE Liquidity Squeeze: Evidence from Subnational Debt and Government Contractors

Jiayin Hu, Songrui Liu, Yang Yao, Zhu Zong, May 15, 2024

China's deleveraging policies have inadvertently exacerbated the financial liquidity pressure on non-state-owned enterprise (non-SOE) contractors, revealing the potential adverse impact of government fiscal consolidation on private enterprises.