• Fertility Cost, Intergenerational Labor Division, and Female Employment 

      Yu, Haiyue; Cao, Jin; Kang, Shulong (Working Paper;3/2019, Working paper, 2019)
      China has set to increase the minimum retirement age, to ease the pressure from pension expenditure and the falling labor supply caused by the aging population. However, policy debates have so far neglected the crucial ...
    • Identifying the depreciation rate of durables from marginal spending responses 

      Cao, Jin; Cui, Chao; Dinger, Valeriya; Holm, Martin B.; Kang, Shulong (Working paper;1/2022, Working paper, 2022)
      This paper presents a novel method to estimate the depreciation rate of durable goods using a combination of identified marginal and average spending shares. We apply our method to Chinese spending responses to disposable ...