changes for the balance and sustainability of China's own economic development as well as the associated implications for the … global monetary system. While China is actively promoting the internationalization of its currency, it is a long way from … attaining full convertibility or meeting other prerequisites for achieving reserve currency status. Ultimately, China will …

of China. In this paper we estimate the effect of deep reform (the right to hire and fire labour, buy and sell capital … and Pakes (1996), which corrects for simultaneity bias. Furthermore, we allow selection to reform to be endogenous, and … correct for this selection bias by formulating an entry rule to reform similar to the Olley and Pakes (1996) exit rule. We …

Unlike most countries, China regulates internal migration. Public benefits, access to good quality housing, schools … extraordinary surge of migration within China. In this study of interprovincial Chinese migration, we address two questions. First …

quality played an important role in raising the extensive margin of processing exports in China for the period of 1997 …

contours of the EPL reform. In this article we used an equilibrium unemployment model to investigate the virtue of an EPL … reform whose modality is a lessening in the red tape and legal costs associated with layoffs and the introduction of an U ….S. like experience rating system modelled as a combination of a layoff tax and a payroll subsidy. The reform considered shows …

Over the last decade, the internal and external macroeconomic imbalances in China have risen to unprecedented levels …. In 2008, China's national savings rate soared to over 53 percent of its GDP, whereas its current account surplus exceeded …, the accession of China to the World Trade Organization has dramatically amplified the effects of these structural …

Danish reform. We separately identify the effect of aid from that of other observed and unobserved variables such as parental … income. We exploit the combination of a kinked aid scheme and a reform of the student aid scheme to identify the effect of …

changes for the balance and sustainability of China's own economic development as well as the associated implications for the … global monetary system. While China is actively promoting the internationalization of its currency, it is a long way from … attaining full convertibility or meeting other prerequisites for achieving reserve currency status. Ultimately, China will …