This paper investigates the impact of birth spacing on female labor market participation in urban China. Employing household panel surveys between 1989 and 2011 and exploiting variations in time intervals between the first and second child, we find that spacing births at longer intervals...

This paper analyzes how relative housing wealth affects labor supply. Using China's great housing boom as a natural experiment, we examine this empirical question and find that an appreciation in relative housing wealth significantly reduces the average working hours. We also find that this...

This study examines the effect of peer groups on the exercise habits of focal students. Using a nationally representative sample of junior high school students in China, we exploit the random assignment of students to classrooms to estimate the likelihood of engaging in one hour of daily...

Driving restrictions are adopted by metropolitans worldwide to curb traffic congestion and vehicle emission. This paper investigates the effect of plated-based driving restrictions in Guangzhou city, China, where drivers with nonlocal vehicles are allowed to flexibly select restriction periods...

We study the identification and estimation of structural parameters in dynamic panel data logit models where decisions are forward-looking and the joint distribution of unobserved heterogeneity and observable state variables is nonparametric, i.e., fixed-effects model. We consider models with...

We build a robustness (RB) version of the Obstfeld (1994) model to study the effects of financial integration on growth and welfare. Our model can account for the empirically observed heterogeneity in the relationship between growth and volatility for different countries. The calibrated model...

Procurement projects often involve substantial uncertainty in inputs at the time of contracting. Whether the procurer or contractor assumes such risk depends on the specific contractual agreement. Using auction data from the Florida Department of Transportation, we document evidence of i)...

I develop a multiproduct nonlinear pricing model where a firm sells both discrete and continuous goods/services to consumers with multidimensional heterogeneity. I derive the optimal selling mechanism and provide primitive conditions under which different bundling strategies arise. Exploiting...

We revisit identification based on timing and information set assumptions in structural models, which have been used in the context of production functions, demand equations, and hedonic pricing models (e.g. Olley and Pakes (1996), Blundell and Bond (2000)). First, we demonstrate a general...

This paper studies the aggregate dynamics of durable and nondurable consumption under sticky information diffusion (SID) due to noisy observations and slow learning within the permanent income framework. We show that SID can significantly improve the model's predictions on the joint behavior of...