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- Is There a Demand for Reverse Mortgages in China? Evidence from Two Online Surveys
(with Katja Hanewald, Hazel Bateman, and Shang Wu), January 2019. [NEW]
Online Appendix is here.
- In the Shadows of the Government: Relationship Building During Political Turnovers
(with Zhe Li, Nianhang Xu and Hongjun Yan), November 2018. [NEW]
Online Appendix is here.
- Partial Rating Area Offering in the ACA Marketplaces: Facts, Theory and Evidence
(with Ami Ko), October 2018.
- The Chinese Pension System
(with Jin Feng), September 2018
NBER Working Paper 25088.
- The Long-Term Consequences of Having Fewer Children in Old Age: Evidence from China’s “Later, Longer, Fewer” Campaign
(with Yi Chen), September 2018.
NBER Working Paper 25041.
- Inferring the Ideological Affiliations of Political Committees via Financial Contributions Networks
(with Yiran Chen), December 2017.
NBER Working Paper 24130.
- Equilibrium Consequences of Corruption on Firms: Evidence from China’s Anti-Corruption Campaign
(with Haoyuan Ding, Shu Lin and Kang Shi), July 2017, preliminary and all comments are welcome.
- Life Insurance and Life Settlement Markets with Overconfident Policyholders
(with Zenan Wu), Revised, January 2019.
This research was partially supported by NSF Grant SES-0844845.
- Equilibrium Labor Market Search and Health Insurance Reform
(with Naoki Aizawa), This Draft: June 11, 2018, revised and resubmitted.
This paper also appeared as NBER Working Paper No. 18698.
This research was supported by NSF Grant SES-0844845.
- 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.
- The Gradients of Power: Evidence from the Chinese Housing Market
(with Quanlin Gu and Li-An Zhou), first draft, April 2014; this draft, September 2018.
This paper also appeared as NBER Working Paper No. 20317.
- 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.
