sponsored by a Major Project of the National Social Science Fund of China[Grant No.21&ZD070].
‘Developing new quality productive forces’,one of the Chinese government's top priorities for 2024,has garnered significant attention and discussions both domestically and internationally since its proposal.It is a ...
supported by the National Natural Science Foundation of China[Grant Nos.72192800,71532013].
Using a comprehensive dataset of Chinese corporate bonds that existed during 2011-2018,we find a significant positive relationship between local government debts and the credit spreads of local firms.By matching their...
China is steadily building financial infrastructures to promote the renminbi's transnationalisation,in line with its official claims.Despite limited quantitative success,Beijing is creating a comprehensive financial s...
In the context of the ongoing internationalisation of BRICS currencies,this article investigates their potential as safe havens or hedge assets against G7 stock markets before and during the COVID-19 pandemic.Due to t...
funded by the Humanities and Social Science Fund of the Ministry of Education of the People's Republic of China[Grant No.20YJA790042].
Central bank swaps have flourished since the 2008 financial crisis and the intertwining swap lines have formed a typically complex network,in which bilateral swap relationships have been deeply embedded.This paper con...
The research on redistributive strategies to secure support has been dominated by a core and swing voter model,which pits two parties against each other in a costly race for support.What are other options beyond targe...
Using a unique and novel dataset on the youth,the SAHWA Youth Survey(2016),we apply probit and ordered probit models to study the determinants of voting behaviour change among the youth in the Middle East and North Af...
Zhiyuan Li appreciates the financial support by the National Natural Science Foundation of China[Grant Nos.72273035,42341205,and 72121002];the Major Programme of the Key Research Base in Humanities and Social Sciences,the Ministry of Education of China[Grant No.22JJD790012];the National Social Science Fund of China[Grant No.23ZDA052].
Increasing uncertainties in international trade policies have raised concerns about the possible break of global supply chains.This paper reviews relevant studies shedding light on global supply chain resilience.We fi...
supported by the National Natural Science Foundation of China[Grant Nos.72004225 and 72274206];the fund for building world-class universities(disciplines)of Renmin University of China[Project No.KYGJC2023009].
This study investigates the macroeconomic impact of the Belt and Road Initiative(BRI)on Pakistan using the synthetic control method.Based on the panel data of 42 non-BRI countries,we construct a synthetic Pakistan to ...
This study explores the rationale why some countries fare better in resolving social problems such as poverty and the COVID-19 pandemic.The simple model introduces the term of resident viability and points out that th...