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Economic Affairs

Recent Scholarly Publications

Records 24 / 487

Drivers of Innovation

Entrepreneurship, Education, and Finance in Asia

Complicating China’s Rise: Rural Underemployment

China’s economy has doubled in size every eight years since 1979, making it over 32 times bigger now then it was then and the second largest in the world today.1 Four decades of growth have ushered...

Moving Beyond Lewis: Employment and Wage Trends in China’s High- and Low-Skilled Industries and the Emergence of an Era of Polarization

October 2020

One of the defining features of China’s economy over the two decades between 1995 and 2015 was the persistent rise of wages for workers and professionals in nearly every segment of the economy—with...

Off the Epicenter: COVID-19 Quarantine Controls and Employment, Education, and Health Impacts in Rural Communities

October 2020

In late January 2020, China’s government initiated its first aggressive measures to combat COVID-19 by forbidding individuals from leaving their homes, radically limiting public transportation,...

Invisible China: How the Urban-Rural Divide Threatens China’s Rise

October 2020

Book Synopsis: As the glittering skyline in Shanghai seemingly attests, China has quickly transformed itself from a place of stark poverty into a modern, urban, technologically savvy economic...

Conditional Cash Transfers, Uptake of Maternal and Child Health Services, and Health Outcomes in Western Rural China

August 2020

Background: Empirical evidence suggests that the uptake of maternal and child health (MCH) services is still low in poor rural areas of China.

The Hidden Cost of Worker Turnover: Attributing Product Reliability to the Turnover of Factory Workers

August 2020

Product reliability is a key concern for manufacturers.

MPCs, MPEs and Multipliers: A Trilemma for New Keynesian Models

July 2020

We establish an impossibility result for New Keynesian models with a frictionless labor market: these models cannot simultaneously match plausible estimates of marginal propensities to consume ...

Dissecting Mechanisms of Financial Crises: Intermediation and Sentiment

June 2020

We develop a model of financial crises with both a financial amplification mechanism, via frictional intermediation, and a role for sentiment, via time-varying beliefs about an illiquidity state....

Intermediation in Mortgage-Backed Securities: The Plantation Business of F.W. Hudig, 1759-1797

June 2020

Dutch-Caribbean plantations attracted substantial outside funding in the 1760s. This came to an abrupt end after the 1773 credit crisis.

Fateful Decisions: Choices That Will Shape China's Future

May 2020

Explore our series of multimedia interviews and Q&As with the contributors to this volume:  China Faces Tough Decisions and Stronger Headwinds China’s Incentives to Work Within the U.S.-led...

Money burning in the theory of delegation

May 2020

This paper uses a Lagrangian approach to provide sufficient conditions under which money burning expenditures are used in an optimal delegation contract.

Limited liability and investment: Evidence from changes in marital property laws in the US South, 1840–1850

April 2020

We study the impact of marital property legislation passed in the US South in the 1840s on households’ investment in risky, entrepreneurial projects.

Do Immigrants Assimilate More Slowly Today Than in the Past?

March 2020

Using millions of historical census records and modern birth certificates, we document that immigrants assimilated into US society at similar rates in the past and present.

Roman Seas: A Maritime Archaeology of Eastern Mediterranean Economies

March 2020

That seafaring was fundamental to Roman prosperity in the eastern Mediterranean is beyond doubt, but a tendency by scholars to focus on the grandest long-distance movements between major cities has...

Were Jews in Interwar Poland More Educated?

February 2020

In the context of interwar Poland, we find that Jews tended to be more literate than non Jews, but show that this finding is driven by a composition effect.

What Determines Climate Policy Preferences if Reducing Greenhouse-Gas Emissions Is a Global Public Good?

February 2020

Many international policy problems, including climate change, have been characterized as global public goods.

“Nash-in-Nash” tariff bargaining

January 2020

We provide an equilibrium analysis of the efficiency properties of simultaneous bilateral tariff negotiations in a three-country model of international trade.

People

jerry kaplan headshot 7 Jerry Kaplan Adjunct Lecturer, CDDRL, Research Affiliate, CDDRL
Denis Gutenko Headshot Denis Gutenko UELP Visiting Scholar, CDDRL
sgsb 0644 saumitra jhart web preview Saumitra Jha Senior Fellow CDDRL Research Affiliate
Dr. Hongbin Li Hongbin Li Senior Fellow Co-director, SCCEI
Roz low res 9 11 cropped Rosamond L. Naylor Senior Fellow William Wrigley Professor of Earth System Science, Senior Fellow, Stanford Woods Institute and Freeman Spogli Institute for International Studies, Senior Fellow and Founding Director, Center on Food Security and the Environment
headshot Matthieu Stigler Postdoctoral Scholar, Center on Food Security and the Environment, Department of Earth System Science
gary zhao headshot Gary Zhao SCPKU Pre-Doctoral Fellow, December 2015-March 2016
tricia owlett headshot Tricia Owlett SCPKU Pre-Doctoral Fellow, February-June 2016
Photo of Diana Stanescu Diana Stanescu Shorenstein Postdoctoral Fellow, 2021-2022
wesley koo headshot Wesley Koo SCPKU Pre-Doctoral Fellow, January-April 2016
Headshot of Dr. Dorien Emmers. Dorien Emmers Postdoctoral Scholar
headshot A. Patrick Behrer Postdoctoral Scholar, Center on Food Security and the Environment, Department of Earth System Science