Socio-Political Institutions and Household Finance
This is a project co-authored with Yue Qian. We study how socio-political structures shape financial participation in households. We focus on both spouses’ educational pairing and government policies that differentiate urban and migrant residents, and we investigate the effect of these factors on household holdings of stocks and fixed-income products in China. Our findings demonstrate that 1) urban households with urban residency are much more likely to hold financial products than migrant households living in urban areas and 2) households with two less-educated couples are particularly less likely to make financial investments. See our online-first version here.
Public–Private Partnership in Developing China: Evolution, Institutionalization and Risks
We contribued a theoretical chapter to contemporary research on public-private partnership (PPP) (with Qi Song). We discussed how PPP models fit with China's context where political power dictates economic strategies and why private companies take a disadvantageous position in the partnership. The evolution, institutionalization, and risks of PPPs in China are thoroughly analyzed. See our publication here.