Extending the income dynamics approach in Quah (2003), the present paper studies the enlarging income inequality in China over the past three decades from the viewpoint of rural–urban migration and economic transition. We establish non‐parametric estimations of rural and urban income...

We combine convolutional neural network (CNN) and gated recurrent unit (GRU) to form a new structure and embed it as a base layer in the autoencoder (AE) framework to efficiently extract features from financial time series data. To better utilize the hierarchical features, skip connection is...

This paper establishes a general equilibrium trade model and adopts the "market access" approach to measure the impact of the high-speed railway (HSR) network on the economic growth of 110 of the main prefecture-level cities of the People's Republic of China, for which we manually collect the...

Evidences from structural VAR show that new business formation positively co-moves with output under news shocks. The Jaimovich-Rebelo model augmented with firm dynamics can explain the empirical findings. The key assumption is endogenous survival rates for new entrants.

Evidences from structural VAR show that new business formation positively co-moves with output under news shocks. The Jaimovich-Rebelo model augmented with firm dynamics can explain the empirical findings. The key assumption is endogenous survival rates for new entrants.

Evidences from structural VAR show that new business formation positively co-moves with output under news shocks. The Jaimovich-Rebelo model augmented with firm dynamics can explain the empirical findings. The key assumption is endogenous survival rates for new entrants

This paper investigates the responses of firms and governments to social media activities. The unexpected release and short­lived circulation of the environmental documentary Under the Dome in China in 2015 offers a natural experiment. We combine a comprehensive firm-­level pollutant emissions...

This paper bridges health policy with education outcomes through 7 waves of a nationally-representative health survey in China. Through constructing an index of health conditions with CHNS (1991-2011) data, we find significant negative correlation between health conditions in period (t-1) and...