We formulate a microeconomic model of the dual-track price system for households and use it to analyze ‘transitional policy’ reforms, i.e., a rise in the plan-track price and a reduction in the plan-track quantity. Each of these reforms has a negative effect on the market price, but a...

Die Verfasser legen ein makroökonomisches Modell der chinesischen Volkswirtschaft vor, das die drei Sektoren Landwirtschaft, exportierte Industriegüter sowie nichtgehandelte Industriegüter unterscheidet. Der Staat kauft Agrarprodukte unter einem zweispurigen Preissystem auf....

We employ data from the three most recent Chinese population censuses to consider married, urban women's labor force participation decisions in the context of their families and their residential locations. We are particularly interested in how the presence in the household of preschool and...

Can having more education than a job requires reduce one's chances of being offered the job? We study this question in a sample of applications to jobs that are posted on an urban Chinese website. We find that being overqualified in this way does not reduce the success rates of...