Annual Conference

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Economic Transformation of Asia

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May 2015

This study evaluates the impact of a randomized control trial (RCT) in China that introduced externally funded village credit funds in poor, rural villages. In contrast to recent RCT-based studies that have failed to find evidence of significant increases in income from microfinance interventions, w...
Keywords: Microfinance, program evaluations, randomized control trial
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Annual Conference

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Economic Transformation of Asia

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May 2015

In recent years, the phenomenon of housing vacancy rate (HVR) has attracted considerable attention, especially concerning unjustified expansions of Chinese cities. /e aforementioned trend is disadvantageous in that it will ultimately lead to tremendous wastage of valuable land that could otherwise b...
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Annual Conference

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Economic Transformation of Asia, Senior Fellows/Fellows

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May 2018

We study how adverse economic shocks influence political outcomes in authoritarian regimes in strong states, by examining the 2013-2015 export slowdown in China. We exploit detailed customs data and the variation they reveal about Chinese prefectures’ underlying exposure to the global trade slowdo...
Keywords: Political economy, export slowdown, economic shocks
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Annual Conference

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Economic Transformation of Asia, Senior Fellows/Fellows

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May 2018

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Annual Conference

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Economic Transformation of Asia

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May 2016

With a dynamic macroeconomic model built to tailor the institutions of China, this paper studies how fertility control and migration policies shaped the rural-urban migration pattern and the economic development of China. Different from the reduced-form approach adopted by most of the existing liter...
Keywords: Rural-Urban Migration, Fertility, urbanization, development
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