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China
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Posts: 8
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The Unintended Effects of Interest Rate Caps: Credit Rationing for Risky Borrowers
https://d.repec.org/n?u=RePEc:fip:fednls:103389&r=&r=cna
Published: June 3, 2026 00:00
In imperial China, 3 percent was the maximum legal monthly loan rate; charging more was punishable by 40 to 100 blows with the “light cane.” (Rockoff 2003) Centuries later, many U.S. states are imposing the same cap (without corporal penalties) on…
Plastic dumping grounds: the international incidence of environmental regulation
https://d.repec.org/n?u=RePEc:cep:cepdps:dp2191&r=&r=cna
Published: June 3, 2026 00:00
Can environmental regulation reduce pollution globally, or does it merely shift environmental burdens across countries? We study China's 2017 ban on plastic waste imports, which abruptly closed the world's largest destination market for plastic waste…
The global network of liquidity lines
https://d.repec.org/n?u=RePEc:ehl:lserod:137636&r=&r=cna
Published: May 31, 2026 00:00
At the end of 2025, there were 177 cross-border liquidity lines between central banks connecting countries that accounted for 81% of world GDP. This paper maps the evolution of these arrangements since 2000. We show that the lines form a network through…
Evading the ban: smuggling, pollution, and the welfare effects of China’s waste import restrictions
https://d.repec.org/n?u=RePEc:cep:cepdps:dp2181&r=&r=cna
Published: May 15, 2026 00:00
While import restrictions are increasingly deployed to achieve non-trade objectives such as environmental protection, they often create distortions and leakage through illicit trade. We examine this trade-off in the context of China's waste import ban.…
The Linguistic Economy of AI Tokens: Tokenization and Linguistic Capital in China’s Tokenomics
https://d.repec.org/n?u=RePEc:osf:mediar:9gz6j_v1&r=&r=cna
Published: May 13, 2026 00:00
This article examines how “tokens” have emerged as a new unit through which language, labor, and value are being reorganized in China’s rapidly expanding AI economy. Building on debates on linguistic capital, language commodification, and AI labor, I argue…
Trade De-Specialization: Dynamics and Determinants
https://d.repec.org/n?u=RePEc:ris:adbewp:022480&r=&r=cna
Published: May 12, 2026 00:00
Export baskets reflect broader processes of structural change and economic development. While most studies emphasize the emergence of new export specializations, this paper examines an equally important yet neglected pattern—trade exits, defined as…
Mexico gains from U.S.-China trade war; inefficiencies limit benefit
https://d.repec.org/n?u=RePEc:fip:d00001:103262&r=&r=cna
Published: May 12, 2026 00:00
A sequence of major economic and geopolitical events has reshaped the structure of global trade in the past decade. It began with U.S. imposition of tariffs on Chinese goods in 2018. The postpandemic followed with widespread disruption to global value…
Understanding Fertility Today: Young Couples’ Expectations about the Consequences of Childbearing
https://d.repec.org/n?u=RePEc:pra:mprapa:128947&r=&r=cna
Published: April 26, 2026 00:00
Fertility decisions are forward-looking and made within couples, yet little is known about how young couples perceive the consequences of childbearing. We survey 1, 800 respondents from paired Chinese one-child couples and elicit second-birth plans and…