Research background: Two main theoretical patterns of exports diversification have evolved in development economics: the intensive- and extensive-export margins. Myriads of studies have assessed the relative merits of both patterns of diversification in promoting economic growth. Empirical...

This paper employs difference-in-differences identification strategy to investigate the impact of nationwide rollover restrictions on firm export behavior with the micro-data of China's listed firms, using the exogenous event of China passing the Guideline for Loan Risk Classification in 2007 as...

When searching for employment, workers consider non-wage job characteristics, such as effort requirements or amenities. We study an environment where unemployed workers search for jobs of different quality in a labor market characterized by directed search. In equilibrium, firms are more likely...