This paper exploits two unique features of China's history to study the effects of access to internal migration … volatility for rural households. Furthermore, household production shifts into high-risk, high-return activities …

rural incomes in China. Current literature based on analyses of rural income volatility in China decomposes poverty into … increase from around 1.8 in the late 1980's to over 3 today. These estimates do not take into account the higher volatility of … rural income volatility. Here we use a direct method instead to adjust rural income for volatility using a certainty …

We aim to make two contributions to the literature on the effects of transaction costs on financial price volatility … in the Chinese market, on average, between stamp duty increase and price volatility. However, this average effect masks …

from greater volatility of shocks or from agents responding more to shocks of constant size. Without data separately … relationship arises naturally in models with time-varying responsiveness but is at odds with models featuring volatility shocks …

What are the implications of gasoline price volatility for the design of fuel economy policies? I show that this …

an increase in the level and volatility of spot prices. We construct a large panel data set which includes commodities …