A Bridge on Economic Issues between China and the World
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“To Go Electric or to Burn Coal? A Randomized Field Experiment of Informational Nudges”
Hanming Fang, King King Li, Peiyao Shen, Feb 07, 2024We conducted a randomized field experiment of informational nudges in northern China to investigate the potential obstacles that may hinder households from adopting cleaner heating, and evaluate the effectiveness of simple SMS nudges in encouraging the transition to electric heating.
The Externalities of ESG Disclosure
Yi Jiang, Ya Kang, Hao Liang, Jul 24, 2024This article discusses that China's mandatory Environmental, Social, and Governance (ESG) disclosure policies have led firms to increase their donations for poverty alleviation, yet paradoxically have also resulted in higher pollution levels, thereby highlighting the potential environmental negative externalities that can arise from the government's mild steering of corporate behavior through disclosure mandates.
Internationalizing Like China
Chris Clayton, Amanda Dos Santos, Matteo Maggiori, Jesse Schreger, Feb 08, 2023China’s strategy for internationalizing the renminbi involves controlling the access of foreign investors to the domestic bond market.
Rural-Urban Migration and Market Integration
Dennis Egger, Benjamin Faber, Ming Li, Wei Lin, Nov 19, 2025Reductions in rural-to-urban migration barriers have led to economic gains for both rural origins and urban destinations by reducing information frictions and facilitating the flow of goods and investments between cities and the countryside.
Bonds of Love: Patriotism and the Rise of Modern Banks
Yuchen Sun, Wanda Wang, Yuchen Xu, Sep 11, 2024This article discusses that patriotism could be an alternative source of trust in government and financial institutions, particularly during challenging times.
