We propose a novel apples-to-apples comparison strategy to identify the effect of boy preference on girls’ physical health from endogenous sibling gender composition. Employing an instrumental variable approach and data from the Chinese Family Panel Studies, we find that the presence of...

The outward Foreign Direct Investment is important for the sustainability of the banking sector’s development of China. The paper examines the location determinants of outward Foreign Direct Investment by state-owned Chinese banks during 2003-2015 with a set of negative binomial panel...

This paper assesses China's Renminbi peg to the U.S. dollar using a structural VAR model. One unique contribution of the paper is that we model China as a large open economy in one structural VAR model with the U.S. by utilizing combinations of short- and long-run identification restrictions and...