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-seeking behavior. In China, researchers have frequently argued that village cadres, who are the lowest level of administrators in rural … and non-cadre households in rural China without controlling for unobserved dimensions of ability that are also correlated … cadre status, but the magnitudes are not large and provide only a modest incentive to participate in village …
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The fluctuations in incomes inherent in rural communities can be attenuated by reciprocal insurance. We develop a model of such insurance based on self-interested behaviour and voluntary participation. One individual assists another only if the costs of so doing are outweighed by the benefits...
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housing policies for the higher-income band have turned out to be unsuccessful. Hong Kong, China also aims to assist public …This paper analyzes the housing markets and housing policies in Hong Kong, China and the People's Republic of China … considerably. Hong Kong, China has adopted a railway and property development model, which involves close collaboration between the …
Persistent link: https://www.econbiz.de/10011653768
housing policies for the higher-income band have turned out to be unsuccessful. Hong Kong, China also aims to assist public …This paper analyzes the housing markets and housing policies in Hong Kong, China and the People's Republic of China … considerably. Hong Kong, China has adopted a railway and property development model, which involves close collaboration between the …
Persistent link: https://www.econbiz.de/10011453313
Urbanisation in China has long been held back by various restrictions on land and internal migration but has taken off …-urban income differential has narrowed. Urbanisation also entails costs, however, notably in the form of congestion, all the more …
Persistent link: https://www.econbiz.de/10010231018
This paper explores the impact of antiquity on capitalism through the finance-growth nexus. We define antiquity as the length of established statehood (i.e., state history) and agricultural years. We argue that extractive institutions and deeply entrenched interest groups may prevail in...
Persistent link: https://www.econbiz.de/10012214952