This paper studies the urban land market in China in 2003--2007. In China, all urban land is owned by the state …

We argue that the demographic changes caused by the one child policy (OCP) may not harm China's long-term growth. This … attributes to the higher human capital induced by the intergenerational transfer arrangement under China's poor … of schooling rather than 8.1). Our model sheds new light on the prospects of China's long-term growth by emphasizing the …

China is the world’s largest investor and greatest contributor to global economic growth by wide margins, and will … sustain this growth. This paper shows that China’s stock market has a crucial role to play. Since the reforms of the last … decade, China’s stock market has become as informative about future corporate profits as in the US. Moreover, though it is a …

This paper studies the employment and productivity implications of new labor regulations in China. These new …