Using the data of the listed non-financial companies from 2003 to 2012, this paper conducts a firm-level empirical analysis to reveal the determinants that lead to differences in saving rates of different enterprises in China. Particularly, we explore the discrepancies in the Chinese...

In this paper, we investigate the causal effect of education on health using an instrumental variable approach. The instruments we employ consist of two institutional changes in China that generated discontinuities in educational attainment among individuals. To ensure the validity of the...

Water systems are a special kind of infrastructure systems because they perform a dual role: theyprovide water services while also reducing risks to other services from natural hazards such asfloods and droughts. This report aims to inform water system managers on the importance of andmeasures...