- Window Dressing in the Public Sector: A Case Study of China’s Compulsory Education Promotion Program
(with Chang Liu and Li-An Zhou), July 2020.
- Competition and Quality: Evidence from High-Speed Rails and Airlines
(with Long Wang and Yang Yang), June 26, 2020.
- Confidence Management in Tournaments
(with Shanglyu Deng, Qiang Fu and Zenan Wu), May 10, 2020. Comments Welcome.
- Long-Term Health Insurance: Theory Meets Evidence
(with Juan Pablo Atal, Martin Karlsson, and Nicolas R. Ziebarth), March 2020.
- The Collateral Channel of Monetary Policy: Evidence from China
(with Yongqin Wang and Xian Wu), February 2020.
- The State of Mental Health Among the Elderly Chinese
(with Yi Chen), January 2020.
- Equilibrium Consequences of Corruption on Firms: Evidence from China’s Anti-Corruption Campaign
(with Haoyuan Ding, Shu Lin and Kang Shi), January 2020, NBER Working Paper 26656.
- Joint Labor Search, Spousal Insurance, and Health Care Reform
(with Andrew Shephard), October 2019, R&R, Econometrica.
- Factions, Local Accountability, and Long-Term Development: Theory and Evidence
(with Linke Hou, Mingxing Liu, Colin Lixin Xu and Pengfei Zhang), revised, January 2020.
- In the Shadows of the Government: Relationship Building During Political Turnovers
(with Zhe Li, Nianhang Xu and Hongjun Yan), November 2018.
Online Appendix is here.
- Why Do Insurers Selectively Enter Counties in a Rating Area on the ACA Marketplaces?
(with Ami Ko), April 2020.
An earlier version was circulated under the title:
Partial Rating Area Offering in the ACA Marketplaces: Facts, Theory and Evidence
- The Long-Term Consequences of Family Planning in Old Age: Evidence from China’s “Later, Longer, Fewer” Campaign
(with Yi Chen), Revised, May 2019, revise and resubmit, Journal of Development Economics.
Replacing the previous version: The Long-Term Consequences of Having Fewer Children in Old Age: Evidence from China’s “Later, Longer, Fewer” Campaign
NBER Working Paper 25041.
- Inferring the Ideological Affiliations of Political Committees via Financial Contributions Networks
(with Yiran Chen), December 2017.
NBER Working Paper 24130.
- Rosca Meets Formal Credit Market
(with Rongzhu Ke and Li-An Zhou), this version, October 2015.
This research was supported by NSF Grant SES-1122902.
This paper also appeared as NBER Working Paper No. 21683.
The file for the numerical example is here.
- The Dynamics of Adjustable-Rate Subprime Mortgage Default: A Structural Estimation
(with You S. Kim and Wenli Li), This Draft, January 11, 2016.
- Mothers’ Employment and Children’s Educational Gender Gap
(with Xiaodong Fan and Simen Markussen), this draft, May 2015.
This paper also appeared as NBER Working Paper No. 21183.
- Why Do Life Insurance Policyholders Lapse? The Roles of Income, Health and Bequest Motive Shocks
(with Edward Kung), First Draft: May 2, 2010; This Draft: March, 2012.
An earlier version appeared as NBER Working Paper No. 17899.
This research was supported by NSF Grant SES-0844845.
- Overcoming Participation Constraints
(with Peter Norman), This Version, February 2006.
Detailed Appendix for the derivations in the unraveling example.