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Recent China Economic Quarterly International Articles

Recently published articles from China Economic Quarterly International.

The poverty of monetarism

March 2021
Patrick Bolton

This paper provides a critical discussion of monetarism and the difficulties of understanding macroeconomic developments after the publication of Friedman and Schwartz’s classic 1965 article through...

The heterogeneous growth effects of the business environment: Firm-level evidence for a global sample of cities

March 2021
José-Daniel Reyes | Mark Roberts | Lixin Colin Xu

Using firm-level data covering 709 cities in 128 countries, we examine the role of a comprehensive list of business and institutional environment variables at the sub-national level in explaining firm...

Winning at the starting line: The primary school premium and housing prices in Beijing

March 2021
Xuan Han | Yan Shen | Bo Zhao

Using housing transaction data from Beijing during 2013–16, this paper evaluates the education premium for good primary schools and its changes. We use the regression discontinuity method to estimate...

Credit constraint and firm’s export mode choice

March 2021
Zhiyuan Li | Haichun Ye

How do firms’ credit constraint affect their export mode choices between direct exporting and indirect exporting through intermediaries? This study explores this issue in a heterogeneous firm model...

Firm debt and labor share: The distribution effect of de-leverage

March 2021
Feng Dong | Guangjun Shen | Yang Jiao

China is now facing the challenges of high leverage. Our study has examined the role of firms’ rising debt in explaining the decrease in labor share in recent years. We developed a model to show that...

Political equality, coalition formation, and economic performance in autocracies

March 2021
Yang Yao

Autocracies have diverse records of economic growth. This paper provides a theory of endogenous coalition formation to explain economic performance in autocracy. The nature of the ruling coalition that...

Pride and prejudice: Different responses to migrant information among different identity groups

March 2021
Ming Lu | Ziyang Yu | Qingyi Ji

Previous studies have examined how information intervention affects intergroup prejudice and conflict. On that basis, this study introduced psychological adjustment cost into a behavioral model for...

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