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CEMA Working Papers

From China Economics and Management Academy, Central University of Finance and Economics
Contact information at EDIRC.

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508: Decentralized Spending and Central Government Deficits: International Evidence Downloads
F. Fornasari, Steve B. Webb and Heng-Fu Zou
507: The Choice of Capacity in Mixed Duopoly under Demand Uncertainty Downloads
Yuanzhu Lu and Sougata Poddar
506: Endogenous Timing in a Mixed Oligopoly with Foreign Competitors: the Linear Demand Case Downloads
Yuanzhu Lu
505: Determinants of Economic Growth in a Panel of Countries Downloads
Robert Barro
504: Speculative Trading and Stock Prices: Evidence from Chinese A-B Share Premia Downloads
Jianping Mei, Jose Scheinkman and Wei Xiong
503: What Determines Expected International Asset Returns? Downloads
Campbell Harvey, Bruno Solnik and Guofu Zhou
502: The Spirit of Capitalism, Savings, Asset Pricing and Growth Downloads
Heng-Fu Zou
501: Charity, The Spirit of Capitalism and Wealth Accumulation Downloads
Heng-Fu Zou
500: Taxes, Goverment Spending and Growth Downloads
Heng-Fu Zou
499: Optimal Taxation of Foreign Capital Income in a Growing Economy with Different Gevernments Downloads
Heng-Fu Zou
498: Optimal Foreign Asset Accumulation and Wealth Effects Downloads
Heng-Fu Zou
497: "The Spirit of Capitalism" and Monetary Growth Downloads
Heng-Fu Zou
496: Optimal Management of Indexed and Nominal Debt Downloads
Robert Barro
495: Mixed oligopoly and the choice of capacity Downloads
Yuanzhu Lu and Sougata Poddar
494: Effects of Growth and Volatility in Public Expenditures on Economic Growth: Theory and Evidence Downloads
Liutang Gong and Heng-Fu Zou
493: Finance and Income Inequality: Test of Alternative Theories Downloads
George Clarke, Lixin Xu and Heng-Fu Zou
492: Decentralising the public sector: The Impact of Decentralisation on Service Delivery, Corruption, Fiscal Management and Growth in Developing and Emerging Market Economies: A Synthesis of Empirical Evidence Downloads
Anwar Shah, Theresa Thompson and Heng-Fu Zou
491: Consumption and Risk with hyperbolic discounting Downloads
Liutang Gong, William Smith and Heng-Fu Zou
490: Fiscal Decentralization and Peasants' Financial Burden in China Downloads
Jing Jin, Ashley Chunli Shen and Heng-Fu Zou
489: Finance and Income Inequality: What Do the Data Tell Us? Downloads
George Clarke, Lixin Xu and Heng-Fu Zou
488: Fiscal Federalism, Public Capital Formation, and Endogenous Growth Downloads
Liutang Gong and Heng-Fu Zou
487: Savings and Income Distribution Downloads
Hongyi Li and Heng-Fu Zou
486: Asset Prices and Hyperbolic Discounting Downloads
Liutang Gong, William Smith and Heng-Fu Zou
485: Poverty and Inequality in Sub-Saharan Africa: Literature Survey and Empirical Assessment Downloads
Delfin Go, Denis Nikitin, Xiongjian Wang and Heng-Fu Zou
484: The Spirit of Capitalism and Excess Smoothness Downloads
Yulei Luo, William Smith and Heng-Fu Zou
483: Local Government Tax Effort in China: an Analysis of Provincial Tax Performance Downloads
Qian Wang, Ashley Chunli Shen and Heng-Fu Zou
482: Health, Taxes, and Growth Downloads
Liutang Gong, Hongyi Li, Dihai Wang and Heng-Fu Zou
481: Inflation Aversion Downloads
Heng-Fu Zou, Liutang Gong and Xinsheng Zeng
480: Inflation Aversion and the Optimal Inflation Tax Downloads
Gaowang Wang and Heng-Fu Zou
479: Essays on a positive theory of economic growth Downloads
Heng-Fu Zou
478: The Capitalist Spirit and a Resolution of the Savings Puzzle Downloads
Heng-Fu Zou
477: Exports, Foreign Technology Imports, and Long-run Growth Downloads
Heng-Fu Zou
476: The Capitalist-Spirit Approach to Growth: A Perspective from the History of Economic Analysis Downloads
Heng-Fu Zou
475: China: reforming intergovernmental fiscal relations Downloads
Ram Agarwala, Raja Chellia, Toshi Fujiwara, Yan Wang and Heng-Fu Zou
474: Intergovernmental fiscal relations in Indonesia: issues and reform options Downloads
Anwar Shah, Zia Qureshi, Amaresh Bagchi, Brian Binder and Heng-Fu Zou
473: Explaining the Changes of Income Distribution in China Downloads
Lixin Xu and Heng-Fu Zou
472: Corruption, Income Distribution, and Growth Downloads
Hongyi Li, Lixin Xu and Heng-Fu Zou
471: A New Approach to Inflation Aversion Downloads
Gaowang Wang and Heng-Fu Zou
470: Rare-Disasters, the Spitit of Capitalism, Oversaving, and Asset Pricing Downloads
Tao Jin and Heng-Fu Zou
461: Foreign Asset Accumulation, Macroeconomic Policies and Mercantilism Downloads
Gaowang Wang and Heng-Fu Zou
460: Competitive Equilibria of Economies with a Continuum of Consumers and Aggregate Shocks Downloads
Jianjun Miao
459: Investment, Consumption, and Hedging under Incomplete Markets Downloads
Jianjun Miao and Neng Wang
456: Asset pricing and the Modigliani-Miller theorem with the spirit of capitalism Downloads
Jizheng Huang and Heng-Fu Zou
455: Does FDI Promote Human Capital Accumulation? The Role of Gradual Financial Liberalization Downloads
Qichun He
452: Endogenous Timing in a Mixed Duopoly with Endogenous Vertical Differentiation Downloads
Lin Liu and Yuanzhu Lu
440: Optimal Capital Structure and Industry Dynamics Downloads
Jianjun Miao
439: Capital Structure, Credit Risk, and Macroeconomic Conditions Downloads
Dirk Hackbarth, Jianjun Miao and Erwan Morellec
438: Ambiguity, Learning, and Asset Returns Downloads
Nengjiu Ju and Jianjun Miao
437: Patent Protection, Technological Change and Wage Inequality Downloads
Shiyuan Pan, Heng-Fu Zou and Tailong Li
433: Short-Run Analysis of Income Fluctuation and Optimum Foreign Borrowing in the Bardhan-Pitchford Model Downloads
Heng-Fu Zou
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