Chinese Economy.

PositionProgram and Working Group Meetings

The NBER's Working Group on the Chinese Economy met in Cambridge on March 2-3. Faculty Research Fellow Nancy Qian of Northwestern University, working group Director Shang-Jin Wei of Columbia University, and Research Associate Daniel Xu of Duke University organized the meeting. These researchers' papers were presented and discussed:

* Harald Hau, University of Geneva; Yi Huang, The Graduate Institute, Geneva; and Hongzhe Shan, Swiss Finance Institute, "TechFin at Ant Financial: Credit Market Completion and its Growth Effect"

* Panle Jia Barwick, Cornell University and NBER; Dave Donaldson, MIT and NBER; Shanjun Li, Cornell University and NBER; and Yatang Lin, Hong Kong University of Science and Technology, "The Welfare Effects of Passenger Transportation Infrastructure: Evidence from China"

* Yuyu Chen, Peking University, and David Yufan Yang, Stanford University, "The Impact of Media Censorship: Evidence from a Field Experiment in China"

* Hanwei Huang, London School of Economics, "Germs, Roads, and Trade: Theory and Evidence on the Value of Diversification in Global Sourcing"

* Hui He, International Monetary Fund, and Lei Ning and Dongming Zhu, Shanghai University of Finance and Economics, "The Impact of Rapid Aging and Pension Reform on Savings and the Labor Supply: The Case of China"

* Koichiro Ito, University of Chicago and NBER, and Shuang Zhang, University of Colorado Boulder, "Do Consumers Distinguish Marginal Cost from Fixed Cost? Evidence from Heating Price Reform in China"

*...

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