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Demand for Retirement Insurance: What Do People Want?

Cheng Wan, Hazel Bateman, Hanming Fang, Katja Hanewald, Oct 02, 2024

This article discusses the diversity and preference variations in the demand for retirement insurance among urban residents in China, particularly the high demand for health-related insurance such as critical illness (CI) and long-term care (LTC) insurance, and how individual financial circumstances, risk appetites, and bequest motives significantly influence their choice of retirement insurance products.

Understanding the Evolution of China’s Production and Trade Patterns

Hanwei Huang, Jiandong Ju, Vivian Yue, Oct 09, 2024

The article discusses how capital accumulation has driven China's transition towards capital-intensive industries, while labor-biased productivity growth has helped China maintain a competitive edge in labor-intensive sectors.

Environmental Externalities, Product Attributes, and Market Power: Implications for Government Subsidies

Panle Jia Barwick, Hyuk-soo Kwon, Shanjun Li, Sep 18, 2024

The article discusses how attribute-based subsidy (ABS) designs lead to higher product quality and more effectively mitigate market power than uniform subsidies, albeit with a modest environmental cost.

How House Prices Affected China’s Birth Rate Decline

Ziqian Liu, Yu Zhang, Nov 13, 2024

The article discusses how house prices have affected China's birth rate and explores the implications for the country's housing market and demographic future.

Interregional Barriers and Economic Growth in China

Yi Han, Mingqin Wu, Sep 25, 2024

The article discussess that China's policy reform of integrating counties into larger prefecture-level divisions (che xian she qu) significantly promoted regional economic specialization, reduced interregional market barriers, and played a crucial role in driving economic growth.The article discussess that China's policy reform of integrating counties into larger prefecture-level divisions (che xian she qu) significantly promoted regional economic specialization, reduced interregional market barriers, and played a crucial role in driving economic growth.