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The behavior of institutional investors often deviates from established personal or social norms, which may reflect either an informational advantage or psychological bias. In this paper, we investigate the incentives of Chinese mutual funds holding lottery-type stocks, which are characterized...
Persistent link: https://www.econbiz.de/10013066236
and wages, employment, productivity, and economic output in China. The findings indicate that union density does not …
Persistent link: https://www.econbiz.de/10013066453
China's recent monetary stimulation has substantially boosted economic. We argue that its efficacy derives from state …
Persistent link: https://www.econbiz.de/10013068488
The state of China's environment is receiving attention from all over the world. This article reviews the current … status and trends of environmental pollution in China. We argue that China is able to contain, and to some extent improve … very recently, despite intense official pressure to bring sulfur emissions down. China's CO emissions have grown rapidly in …
Persistent link: https://www.econbiz.de/10013070856
attendance in poor rural areas of China is still low. The high cost of preschool is often regarded as a major barrier to … readiness. To do so, we conducted a randomized controlled trial among 150 young children in a poor, rural county in China. Our … readiness. We believe that poor quality of preschool education in rural China (in terms of both teaching and facilities …
Persistent link: https://www.econbiz.de/10013073051
Recent studies have shown that only about two-thirds of the students from poor, rural areas in China finish junior high … counseling on dropout may also be due to the high and growing wages for unskilled labor (high opportunity costs) in China …
Persistent link: https://www.econbiz.de/10013073053
firms. In the absence of flexibility in risk pricing through interest rates and strong contract enforcement in China, we …
Persistent link: https://www.econbiz.de/10013076707
providing information on college costs and financial aid to high school students in poor regions of northwest China. We find …
Persistent link: https://www.econbiz.de/10013079150
This paper investigates the effects of China's New Cooperative Medical Scheme (NCMS) on health outcomes and health care … expenditure of the elderly in rural China, using panel data from the 2005 and 2008 waves of the Chinese Longitudinal Healthy …
Persistent link: https://www.econbiz.de/10013080515
about new investment projects in China's institutional setting. We find a negative relation between firm value and voluntary …
Persistent link: https://www.econbiz.de/10013088154