218 records from EconBiz based on author Name

1. The receding housing ladder : house price inflation, parental support, and the intergenerational distribution of housing wealth in China

2. The direct and indirect economic consequences of climate damage in poor countries

3. New integrated concepts and measures of income poverty and of "common prosperity" in China

4. The quality of society and happiness : fairness, trust, and community in China

5. The coming economic, social, and political apocalypse?

6. The Economics of Communist Party Membership : The Curious Case of Rising Numbers and Wage Premium during China's Transition

Why is it that, as the Chinese Communist Party has loosened its grip, abandoned its core beliefs, and marketized the economy, its membership has risen markedly along with the economic benefits of joining? We use three national household surveys, spanning eleven years, to answer this question with respect to labour market rewards in urban China. We conceptualize individual demand for Party membership as an investment in "political capital" that brings monetary rewards in terms of higher wages. This wage premium has risen with the growing wage differentials associated with the emergence of a labour market and the continuing value of political status in the semi-marketized transitional economy. However, a demand-side explanation does not explain the fact that the wage premium is higher for the personal characteristics that reduce the probability of membership. We develop an explanation in terms of a rationing of places and a scarcity value for members with those characteristics

7. A tale of two countries and two stages: South Africa, China, and the Lewis model

8. Income inequality and happiness : which inequalities matter in China?

9. China's growing but slowing inequality of household wealth, 2013-2018 : a challenge to "common prosperity"?

10. Economic transformation and income distribution in China over three decades

It is arguable that the most important event in the world economy in recent decades has been the rise of China, from being on a par with Sub Sahara Africa at the start of economic reform to being an economic superpower today. That rise remains under-researched. Moreover, the great structural changes which accompanied economic growth require examination. The nationally representative China Household Income Project (CHIP) surveys, conducted for the years 1988, 1995, 2002, 2007, 2013, and 2018, permit a detailed examination of many important aspects of a country's economic development. Much of the analysis of this Element is closely related to, and largely caused by, China's remarkable economic growth and income distribution over the thirty years. This title is also available as Open Access on Cambridge Core.