| Serial Number | Title | Author |
| WP1461 | Central Bank Collateral Framework, Bond Credit Spreads and Corporate Financing Costs | Huang Zhen and Guo Ye |
| WP1420 | Does Pension Affect Firm Productivity? | Zhao Jianyu and Lu Zhengfei |
| WP1381 | Labor Shortage, Factor Market Distortion and Technological Progress of Chinese Manufacturing Enterprises | Yang Xianming, Liu Zheng and Kuang Huishu |
| WP1378 | “The Insurance Funds Placards” and Corporate Governance in Dispersed Ownership Era | Zheng Zhigang, Shi Lina and Huang Jicheng |
| WP1363 | Economics of China’s Shadow Banking: Driving Growth Factors | LI Wenzhe |
| WP1360 | Research on the Micro-Effect of Interest Rate Liberalization | Zheng Manni, Li Wengjing and Liu Jianhua |
| WP1339 | Financing Structure，Assets Pricing and Moral Hazard: A Survey of Dynamic Financial Contract | Zheng Jun, Li Zhongfei, Ding Jie |
| WP1317 | Financing Structure，Assets Pricing and Moral Hazard: A Survey of Dynamic Financial Contract | Zheng Jun, Li Zhongfei and Ding Jie |
| WP1306 | Margin Trading and Short Selling and Firm Innovation：An Analysis based on the Perspective of Both Quantity and Quality | Hao Xiangchao,Liang Qi and Li Zheng |
| WP1303 | Does Productivity Improvement Affect Farmers' Human Capital——A Study Based on Micro Perspective | Zhou Jingkui, Wang Guidong and Huang Zhengxue |
| WP1299 | Globalization and Income Inequality: New Evidences and Mechanisms from China | Zheng Xinye, Zhang Yangyang, Ma Ben and Zhang Li |
| wp1294 | The Welfare Effect of Dual-Track Pension System Unification | Zheng Chunrong and Ning Lei |
| WP1254 | Demography, Labor Quality and Total Factor Productivity | Yi Zhen and Zhu Chao |
| WP1246 | A Research on the Influence of Outward Foreign Direct Investment on Capacity Utilization | Yang Zhenbing and Yan Bing |
| WP1236 | Generalist VS Specialist：Lifetime Work Experience of CEOs and Mergers &Acquisitions | Xu Yan, Li Zhe, Xu Nianhang |
| WP1229 | Social Network and the Sustainable Development of Microfinance in China | Su Dongwei, Chen Chunchun,Xu Zhenguo and Li Bin |
| WP1217 | The Effect on Pension Reform on Economic Dynamic Efficiency | Yang Jijun and Zhang Erzhen |
| WP1195 | “+ Internet”, “Internet +” and Economic Development——Infra-marginal General Equilibrium Analysis | Zheng Xiaobi |
| WP1181 | Feedback Trading, Trade Inducement and Asset Prices Behavior | Changsheng Hu，Zhen Peng and Yangchun Chi |
| WP1178 | Is Driving Asset Prices Up Able to “Stabilize Economic Growth”? | Chen Yanbin,Liu Xizhe and Chen Weize |
| WP1063 | Industry Transfer in China, East-west or North-south? | An Husen and Zheng Wenguang |
| WP1058 | Controlling Shareholder’s Equity Pledge and Tax Avoidance of Listed Companies | Wang Xiongyuan,OuYang Caiyue and Shi Zhengyang |
| WP1150 | Chinese “Pressure-Type” Fiscal Incentives and Local Governments’ “Helping Hand” | Zhenfa Xie and Jin Yan |
| WP1138 | Market Segmentation, Keeping up with the Jones and Local Comovement of Firm Investment | Wang Zheng and Hu Conghui |
| WP1137 | Price Limit, Margin Trading and Stock Market Volatility——Evidence from A-Share Stock Market | Wang Chaoyang and Wang Zhenxia |
| WP1114 | The Impact of Changes in Family Planning Policy on future Human Capital in China | Li Haizheng and Qiu Yuefang |
| WP1111 | CEO Poverty Experience and Corporate Philanthropy | Xu Nianhang and Li Zhe |
| WP1051 | Tenure Stages and Independent Directors’ Voting Behavior | Zheng Zhigang,Kan Shuo,Lin Yikun,Hu Bo and Huang Jicheng |
| WP1041 | Bubble Economy of online P2P Lending: Information Disclosure and Extrusion Policy | Zhou Zhenglong, Ma Benjiang and Hu Fengying |
| WP1019 | The Benchmark Yield Curve and Macroeconomics: A Mixed Frequency Monetary DSGE Model | Shang Yuhuang and Zheng Tingguo |
| WP1001 | Do Crowds Have Wisdom?——Evidence from P2P lending | Wang Zhengwei，Xiang Jia and Liao Li |
| WP995 | Fiscal Decentralization and Structural Transformation | Yan Chengliang and Zhao Wenzhe |
| WP985 | Crude Oil Price Fluctuation and the Performance of Chinese Manufacturing Firms | Cheng Dong, Zheng Wenping and Yu Jian |
| WP968 | Trade-Finance Arbitrage, Commodity Prices Change and the Effect of Monetary Policy | Zheng Zunxin, Wang Qi and Xu Xiaoguang |
| WP944 | Non-linear Expectation Theory and Risk Measurement Based on Model Ambiguity | Gong Xiaolin (Caelyn Gong), Yang Shuzhen, Hu Jinyan and Zhang Ning |
| WP931 | Price Delay, Speculative Demand and Stock Returns | Hu Conghui and Liu Yuzhen |
| WP930 | Can Emissions Trading Scheme Achieve the Porter Effect in China? | Tu Zhengge and Shen Renjun |
| WP906 | The Effect of Capital Labor Relations on the Sustainability of Economic Growth | Luo Zhen and Zhang Xian |
| WP891 | Household Consumption Upgrade, Technology Progress, Factor Price Distortion and Rural-To-Urban Labor Migration in China | Fang Fuqian*，Yu Jian**，Cheng Dong*** and Zheng Wenping |
| WP885 | Regional protection, resource misallocation and regional environmental welfare performance | Song Malin, Jin Peizhen and Zhou Yuanxiang |
| WP871 | Measuring China’s Business Cycle in Real-time: From Perspective of Macroeconomic Data Releases | Zheng Tingguo and Xia Kai |
| WP866 | Does excessive investment measure over-investment? | Wu Weili and Zhang Zheng |
| WP865 | Sisyphus Boulder: Social Stability, Social Morality and Decentralized Governance | Gui Lin, Yin Zhendong and Nie Huihua |
| WP837 | Optimal consumption and portfolio choice in the presence of long-run risk | Wang Zhizheng and Wu Weixing |
| WP830 | Excess Vertical Pay Dispersion，Equity Incentives and Firm Performance | Zhao Xiaoju , Mei Chun and Wang Zhen |
| WP829 | Earmarked Grants and Local Government Spending Behavior | Yin Zhendong and Tang Yuang |
| WP822 | The Effect of China’s Unbundling Reform in Electricity on the Productivity of Power Supply Enterprises | Zheng Shilin and Zhang Xinzhu |
| WP791 | Political Promotion of SOE Executives: the Implicit Incentive versus Incentive Distortion | Zheng Zhigang,Kan Shuo and Huang Jicheng |
| WP766 | Chinese-style Tax-Sharing System, Tax Collection Centralization and Tax Competition | Xie Zhenfa |
| WP761 | An Extended Lewis Dual Economy Model and Its Application to China | Ye Zhenmao, Zou Yuxiang and Wang Xiaobing |
| WP752 | A Study on Inflation Expectation Traps in China | Huang Zhengxin and Huang Jinbo |
| WP748 | The relationship between the macroeconomic variables and term structure of interest rates: evidence from China | Chen Langnan and Zheng Hengliang |
| WP728 | The Fluctuation of House Prices, Stance and Response of Monetary Policy | Tan Zhengxun |
| WP718 | Labor Market Condition and Crime: Evidence from a City Panel Data | Chen Chunliang and Liu Zhengshan |
| WP692 | Ownership Structures, Trade patterns and Export-Productivity Relations——Theory and Chinese Evidence | Yu Chunhai and Zheng Yue |
| WP691 | Measuring and Managing Risk with Random Limit Normal Distribution | Gong Xiaolin (Caelyn),Chen Zengjing,Zhang Xiaopu and Yang Shuzhen |
| WP683 | Capital misallocation and The Losses of Total Factor Productivity——Evidence from the China Industry Business Performance | Zhang Qingjun,Fan Mingtai and Su Mingzheng |
| WP673 | Transnational Flow of Service Capital Factor and the Mode of Service Sector Growth: A Dynamic Approach | Yang Zhiyuan,Xie Qian and Zheng Shilin |
| WP667 | Weibo, Information Disclosure and Analysts' Earnings Forecasts | Hu Jun and Wang Zhen |
| WP660 | Forecasting Quarterly GDP in China with Mixed-Frequency Data: A Model Comparison | Zheng Tingguo,Xia Kai and Dang Jue |
| WP641 | A comparative study on local government incentives | Qiao Baoyun, Liu Lezheng, Yi Xundong and Guo Shen |
| WP629 | Telecommunications Infrastructure and Chinese Economic Growth | Zheng Shilin Zhou Li-an and He Weida |
| WP616 | The Impact of Intergenerational Transmission of Human Capital on Social Mobility – A Theoretical and Empirical Investigati | Qin Xuezheng and Wang Tianyu |
| WP601 | Does Financial Liberalization Increase Rural Households’ Credit Availability?——Empirical Analysis based on Rural Ho | Wang Changyun, Zhong Teng and Zheng Huamao |
| WP591 | Formal and Informal Finance: Mechanisms, Efficiency and Empirical Challenges | Gao Ming and Liu Yuzhen |
| WP589 | The Intelligent Investor: Not-Fully-Marketized Interest Rate and Risk Identify——Evidence from P2P Lending | Liao Li,Li Mengran and Wang Zhengwei |
| WP579 | Understanding M2/GDP: A New Analytical Framework and Policy Implications | Li Bin, Wu Ge and Li Wenzhe |
| WP560 | A Study of The Current Development, Structure and Performance of China’s Business Group | Guojian Zheng，Dongjie Lin and Weiqiang Tan |
| WP522 | Property Tax in China: Is It Effective in Curbing Housing Price? | Zhang Qingyong and Zheng Huanhuan |
| WP518 | The Intergenerational Mobility and Its Transmission Mechanism: A Literature Review | Qin Xuezheng and Li Zhenghao |
| WP517 | The Effects of China’s Inflation on Wealth Inequality | Chen Yanbin, Chen Weize, Chen Jun and Qiu Zhesheng |
| WP513 | An Inquiry into the Money in the Capital Market--An Empirical Analysis of U.S. “New Broad Money” | Shen Hanyao, Zheng Rongxin and He Wenjie |
| wp483 | An Empirical Study on Health Welfare and Health Inequality in China | Wang Hongliang, Liu Zhibiao and Buhong Zheng |
| WP479 | Regional Distribution and Dynamics of Human Capital in China | Li Haizheng, Jia Na, Zhang Xiaobei and Barbara Fraumeni |
| WP461 | Tax Sharing Incentives and Industrial Structure Changes in China | Xie Zhenfa and Liu Li |
| WP422 | Resources Misallocation and Welfare Loss of Manufacturing Industry in China-Study on Labor Inputs Misallocation Using Micr | Yang Zhen and Chen Yong-jun |
| WP385 | Theory Analysis of China's Manufactured Goods Export Volume (1985-2050) | Pei Changhong and Zheng Wen |
| WP375 | Self-selection Or Agglomeration Economies？——Firm-level Evidence From China's Textile Industry | Luo Yong, Cai Zhengzhe, and Fan Zuojun |
| WP342 | Housing Institution Reform, Liquidity Constrain and Entrepreneurship Choice | Zhou Jingkui and Huang Zhengxue |
| WP334 | The Impact of Government Introduced the Investment of High-tech industrialization on the Firm Performance | Zheng Shilin and Liu Hewang |
| WP333 | The Effects of Monetary Policy on Price Dynamics of Commodities Based on Storage: The Case of SHFE | Zheng Zunxin and Xu xiaoguang |
| WP282 | Outward-oriented Development and Productivity: Which Causes and Which Consequences? | Dai Xiang, Zhang Yu, Zheng Jianghuai and Zhang Erzhen |
| WP280 | Words or Actions?—The optimal monetary policy communication in China | Lu Zhen and Lin Bingxuan |
| WP279 | The Theory and Empirical Analysis on the Average Profit Rate | CHENG Enfu MA Yan and LI Zhen |
| WP266 | Heterogeneous fluctuations, Contagion and Financial crisis: The case of Chinese market and the other markets | Zhao Jinwen and Su Mingzheng |
| WP253 | Migration and Health of Mobile Worker: Evidence from Panel Data based on flowing Destination | Lijian Qin Zhen Wang and Zhongyi Jiang |
| WP247 | Government Ownership, Local Government Competition and City Commercial Banks Performance | Liu Yang, Hong Zheng and Shen Yu |
| WP246 | Research on the Wealth Distribution of Chinese Urban Households: A Behavioral Perspective | Xiao Zhengyan and Liu Kai |
| WP221 | The Effect of Health Insurance Participation on the Health and Healthcare Utilization of Migrant Workers in China | Qin Xuezheng, Liu Gordon G. and Wang Xin |
| WP215 | Cronyism of Board Culture and Excessive Executive Compensations-Evidence from Chinese Listed Firms | Zheng Zhigang, Sun Juanjuan and Rui Oliver |
| WP214 | Behavioral FinanceInterpretation of Momentum Effect ——New Evidence from Chinese Stock Market | Zheng Zhenlong and Chen Huanhua |
| WP206 | FTPL with Multi-tier Government in Fiscal Federalism: Theoretical Analysis and Empirical Tests | Zhao Wenzhe, Dong Lixia and Lu Di |
| WP202 | Measuring China’s Business Cycle with Mixed-frequency Data and Its Real Time Analysis | Zheng Tingguo and Wang Xia |
| WP180 | Health insurance and consumption: Evidence from China’s New Cooperative Medical Scheme | Bai Chongen, Li Hongbin and Wu Binzhen |
| WP178 | A research on the appropriate level of sub-national borrowing in China--based on an analytical framework of econom | Baoyun Qiao Lezheng Liu Shen Guo and Xiaoyun Zhang |
| WP171 | Do Chinese State Owned Enterprises Pay Higher Wage? | Zhengfei Lu Xiongyuan Wang and Peng Zhang |
| WP162 | Crisis Shocks and Global Trade Excessive Adjustment: A Theoretical Analysis | Dai Xiang and Zhang Erzhen |
| WP140 | Does Executive Compensation Promote Bankers’ Excessive Risk Taking?------Evidence from Chinese Real Estate Lending Market | Hong Zheng, Shen yu and Wu Wei |
| WP95 | The Wage Premium for Elite College among Recent College Graduates | Shi Xinzheng, Li Hongbin, Meng Lingsheng and Wu Binzhen |
| WP73 | Empirical Study of the Relationship between FDI and Environmental Regulation: An Intergovernmental Competition Perspective | Zhu Pingfang and Zhang Zhengyu |