A Bridge on Economic Issues between China and the World
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Cooperative Culture and the Birth of Modern Enterprises in China
Yang Cai, Jiong Zhu, Sep 04, 2024From Rural Schools to City Factories: Assessing the Quality of Chinese Rural Schools
Eric A. Hanushek, Le Kang, Xueying Li, Lei Zhang, Jan 21, 2026Rural school quality is low and varies significantly across provinces. We estimate provincial variations in school quality from the labor market returns to years of schooling of interprovincial rural migrants educated in different home provinces but working in the same urban labor market. School quality is higher and provincial variation is lower for younger cohorts, indicating at least partial effectiveness of recent policies aimed at improving the quality of rural schools.
Destination-Specific Export Expansions and Their Impact on Education and Long-Term Outcomes in China
Junsen Zhang, Kang Zhou, Jul 17, 2024This article discusses that export expansions to wealthy countries significantly increased high school enrollment rates in specific regions and among certain groups in China, but this impact did not translate into an increased prevalence of higher education. Instead, it had long-term effects on employment and fertility outcomes for the affected cohorts.
Trading Suspensions, Liquidity, and Information Acquisition in the Chinese Stock Market
Clemens Sialm, David X. Xu, Mar 18, 2026We study the implications of mutual fund liquidity creation by examining frequent trading suspensions in China, which eliminate market liquidity in affected stocks and cause significant mispricing of mutual funds due to inaccurate valuations of their illiquid holdings...
Firm-to-Firm Referrals
Jing Cai, Wei Lin, Adam Szeidl, Dec 25, 2024Referring suppliers to clients reshaped the supplier-client network and improved business performance.
