| Serial Number | Title | Author |
| WP1423 | The Effect of Equity Incentive on Innovation | Zhang Qianqian,Zhou Mingshan and Dong Zhiyong |
| WP1416 | Supply Chain Length and Service Total Factor Productivity | Chen Qifei and Liu Zhibiao |
| WP1415 | Identification and Decomposition of China's Export Firms's Productivity Advantages | Zhang Tianhua, Guo Zhifang and Zhang Shaohua |
| WP1378 | “The Insurance Funds Placards” and Corporate Governance in Dispersed Ownership Era | Zheng Zhigang, Shi Lina and Huang Jicheng |
| WP1374 | The Study of the Impact of Interest Rate Liberalization on Substitution of Formal and Informal Finance in Rural Areas | Xu Yueli,Liu Zhiyuan and Zhou Hang |
| WP1329 | Liquidity Constraints, Internet Finance and China Household Consumption | Yin zhichao, Pan beixiao and Ni jinlan |
| WP1315 | The Exemption and The Redistribution of The Personal Income Tax | Tian Zhiwei,Hu Yijian and Gong Yinghua |
| WP1302 | Financial Market Segmentation, Credit Discrimination and Cross-regional M&As | Chen Yizhi and Cai Qingfeng |
| WP1298 | On the Human Capital Accumulation Effects from Poverty Alleviation through Education Program | Zhao Ying，Shi Zhilei and Liu Heqing |
| wp1297 | The Potential Impacts of China Involved Mega-RTA Negotiations | Li Chunding,Guo Zhifang and He Chuantian |
| WP1289 | Exchange Rate Stabilization: A Simple Interest-Subsidy Rule——Analysis on Dynamic Exchange Rate Model | Liu Yun,Xu Zhiwei and Wang Pengfei |
| WP1281 | Credit and Households’ Happiness in China | Yin Zhichao and Zhang Haodong |
| WP1258 | Will Economic Uncertainty Weaken the Effectiveness of Monetary Policy? | Su Zhi，Liu Chengcheng and Wei Xueli |
| WP1242 | Debt Financing of Foreign-funded Enterprises——Behavioral Interpretation from Cultural Viewpoint | Wang Jinmeng and Shen Zhiyu |
| WP1241 | Financial Inclusion, Household Poverty and Vulnerability | Yin Zhichao and Zhang Donghao |
| WP1230 | The Information Governance Effects of Margin-trading and Short-selling | Li Zhisheng,Ma Weili,Li Hao and Lin Bingxuan |
| WP1227 | Cash Conversion Cycle and Firms’ Credit Constraints | Li Zhiyuan and Tang Xueliang |
| WP1222 | Financial Agglomeration and Hierarchical Urban Systems: A Study Based on Loan Balances of Cities | Liang Qi,Wang Ruyu,Wang Zhigao and Chen Jianlong |
| WP1204 | Housing Market Fluctuation and the Effectiveness of Macroeconomic Management | Huang Zhigang and Xu Wei |
| 1201 | The Effects of IPO on Technology Innovation Performance and its Structural Transformation | Hu Zhiqiang, Zhao Meijuan and Jiang Yang |
| WP1192 | On Peer Effect of Chinese Listed Firms’ Capital Structure | Jiang Yonghong,Mo Bin and Tian Cunzhi |
| WP1186 | How Does Labor Supply Shock Affect Aggregate Fluctuations——An Endogenous Capital Share Perspective | Jianfeng Liu, Zhiwei Xu, Shangfeng Zhang and Yingli Pan |
| WP1166 | Innovation or Rent-seeking? Allocation of Entrepreneurial Effort in Chinese Private Firms | He Xiaogang，Li Xinchun, Jia Zhihan, Deng Hao and Wang Bolin |
| WP1134 | Census Register Discrimination and the Deletion of Welfare in Chinese Urbanization: Theories, Evidences and Remedial Paths | Guo Jin and Xu Yingzhi |
| WP1108 | Does the government resident relocation bring the regional industrial upgrading?——evidence from big and medium city | Wang Hai,Xiao Xingzhi and Han Chao |
| WP1107 | Measuring Inequality of Opportunities in China | Gong Feng,Li Zhi and Lei Xin |
| WP1100 | Currency Circle, International Seigniorage and Exchange Rate Elasticity | Xu Tao, Wang Wenhao and Yang Weizhi |
| WP1088 | Fiscal Decentralization, Regional Fiscal Competition and Macroeconomic Fluctuations in China | Zhu Jun and Xu Zhiwei |
| WP1074 | Land System Reform, Financial Innovation, and Rural Family Entrepreneurship | Fan Gangzhi and Huang Yuhong |
| WP1051 | Tenure Stages and Independent Directors’ Voting Behavior | Zheng Zhigang,Kan Shuo,Lin Yikun,Hu Bo and Huang Jicheng |
| WP1047 | Urbanization: The Great Thrust of Multi-Level Capital Market Development? | Fan Gangzhi,Huang Yuhong and Yi Daichun |
| WP1042 | Currency Undervaluation and Income Inequality | Mei Dongzhou and Chen Jinzhi |
| WP1033 | How Much is the Deviation between Fictitious Economy and Real Economy in the World? | Su Zhi,Fang Tong and Xu Shudan |
| WP1010 | “Rule of Thumb”Consumption：Theoretical Model and Empirical Analysis | Geng Zhixiang |
| WP1002 | Does Time Effect Exist in Capital Structure of China’s Listed Companies ? | Ding Zhiguo, Zhang Yang, Zhang Qianyu and Ding Yuyang |
| WP990 | The Joint Dynamics and Risk Transmission between Chengtou Bond Spreads and Treasury Yields in China | Niu Linlin, Hong Zhiwu and Li Ye |
| WP976 | Trade in services, Asymmetric Open and Global Imbalances: An Empirical Study Across Countries | Chen Qifei and Liu Zhibiao |
| WP964 | Cash-flow Uncertainty and Corporate Innovation | Liu Bo,Li Zhisheng,Wang Hongli and Yang Jinqiang |
| WP958 | The dynamics of Structural Fiscal regulating and Fiscal tools | Bian Zhicun and Yang Yuanyuan |
| WP957 | The Central Government Rotation and Corporate Risk Taking: is the Effect of Economic Policy Uncertainty, or the Results of | Zhi-yuan Liu and Cunfeng Wang |
| WP933 | Delivery and Appropriation | Yao Dongmin, Yang Guang, Wang Qizhi and Li Junlin |
| WP927 | Precious Optimists——Optimal Contract under Ambiguity | Yao Dongmin, Wang Qizhi , Li Junlin and Cui Lin |
| WP915 | Risk Sharing of Chinese Households: An Empirical Research Based on Partial Insurance Hypothesis | Wang Wen and Zhang Yunzhi |
| WP876 | Bank Incentive, Relationship Lending and Optimal Loan Interest Rate | Zhang Yilin and Fan Gangzhi |
| WP860 | Import Liberalization and Firm Profitability: Theoretical and Empirical Analysis | Yu Miaojie and Zhi Kun |
| WP853 | Agglomeration Externality and Export with Heterogenous Firms | Sun Churen ,Yu Zhihao and ZhangTao |
| WP844 | Is Inflation Targeting Effective?——New Evidence from the Synthetic Control Methods | Su Zhi and Hu Di |
| WP842 | The Nonlinear Transmission Effect of International Factors to Chinese Inflation | Ouyang Zhigang |
| WP837 | Optimal consumption and portfolio choice in the presence of long-run risk | Wang Zhizheng and Wu Weixing |
| WP811 | International Trade & Economic Rules Re-construction and China's FTA Strategy | Peng Zhiwen and Zhang Bowei |
| WP808 | Property Right, Marketization and Media Coverage Bias | Cai Guowei, Shao Zhihao and Xu Xinzhong |
| WP794 | The Renminbi real exchange rate effects on service employment—— a theoretical analysis and an empirical study | Zhijun Chen and Jianhuai Shi |
| WP791 | Political Promotion of SOE Executives: the Implicit Incentive versus Incentive Distortion | Zheng Zhigang,Kan Shuo and Huang Jicheng |
| WP755 | Impact of Minimum Wage on Firm Innovation | Zhang Jing,Lu Yi and Yang Zhi |
| WP731 | Is Productivity (or Efficiency) in Tertiary Sector Really Low? | Pang Ruizhi and Deng Zhongqi |
| WP727 | Optimal monetary policy under the dual goals of maintaining a stable growth and controlling leverage | Hu Zhipeng |
| WP726 | Wait-and-See or Follow Up? A Collective Strategy of Enterprises Coping with the Uncertainty of Investment Policy | Luo Zhi and Xu Xianxiang |
| WP725 | Land Titling and Land Transferring: Evidence from China | Cheng Lingguo,Zhang Ye and Liu Zhibiao |
| WP721 | Capital Inflows and Corporate Credit Growth: Demand Booms or Supply Expansions | Tan Zhibo |
| WP686 | Moral Hazard, Government Regulation and the Financing of High-tech SMEs | Yan Zhixiong, Zhang Jingwei and Fei Fangyu |
| WP673 | Transnational Flow of Service Capital Factor and the Mode of Service Sector Growth: A Dynamic Approach | Yang Zhiyuan,Xie Qian and Zheng Shilin |
| WP643 | Insufficient Domestic Demand, Institutional Barrier and Lack of NVC Construction of Chinese Local Enterprises | Ren Baoquan, Liu Zhibiao and Wang Liangliang |
| WP642 | Can stock index futures reduce stock market volatility effectively? | Li Junfeng, Hu Dejia and Su Zhi |
| WP639 | FINANCIAL DEVELOPMENT, ASSET BUBBLE AND THE REAL ECONOMY: A SURVEY | Wang Yongqin and Yuan Zhigang |
| WP619 | The Influence of M&A on Acquirers’ Capital Structures—New Evidence of Dynamic Trade-off Theory | Tao Qizhi, Zhu Xianglon, Li Liang, Luo Ronghua |
| WP602 | Institutional Environment, Local Government Investment Impulse and Local Soft Budget | Chen Zhiyong and Chen Sixia |
| WP597 | Violent Conflicts in Private Finance:A Research Based on Qing Dynasty’s Homicide Reports | Chen Zhiwu, Lin Zhan and Peng Kaixiang |
| WP594 | The Match of Central Bank Communication and Actual Intervene Tools and Its Switch Opportunity | Ouyang Zhigang |
| WP590 | Knowledge Commerce, Technological Progress and Economic Growth:A Theoretical Model | Su Zhiqing |
| WP586 | The Direction of Technical Change, Urban Land Size and Environment Quality | Dong Zhiqing, Cai Xiao, and Wang Linhui |
| WP583 | Prospect Theory，Sublinear Expectation and Asset Pricing | Zhao Zhijun |
| WP561 | Adaptive Learning, Macroeconomic Expectation and the Optimal Monetary Policy in China | Bian Zhicun and Gao Jiechao |
| WP547 | Are the Semi-mandatory Dividend Rules Effective? | Wei Zhihua, Li Maoliang and Li Changqing |
| WP537 | Financial Availability, Financial Market Participation and Household Portfolio Choice | ZhichaoYin Yu Wu and Li Gan |
| WP520 | Financial Literacy, Trading Experience and Household Portfolio Choice | Yin Zhichao,Song Quanyun and Wu Yu |
| WP511 | Urbanization, Economic Agglomeration, and Employment Multiplier Effects in China | Yuan Zhigang and GaoHong |
| WP503 | Financial Availability, Financial Market Participation and Household Portfolio Choice | ZhichaoYin, Yu Wu and Li Gan |
| WP502 | Bank Credit, Firm Entry and Exit, and Economic Fluctuations in China | Ling Feng, Yizhong Guan, Zhiyuan Li and Ching-Yi Lin |
| wp483 | An Empirical Study on Health Welfare and Health Inequality in China | Wang Hongliang, Liu Zhibiao and Buhong Zheng |
| WP480 | Does the New Rural Pension Scheme Remold the Eldercare Patterns in Rural China? | Cheng Lingguo, Zhang Ye and Liu Zhibiao |
| WP472 | Financial Development, Financial Structure and Economic Growth: Empirical Evidence from 32 Countries. | Ji Zhihong and Bu Yongxiang |
| WP462 | The International Co-movement of Trend and Cycle Fluctuation of China’s Economic Growth | Ouyang Zhigang |
| WP447 | Regional Revitalization Strategies and the Industrial Spatial Structure Changes in China | Hong Junjie, Liu Zhiqiang and Huang Wei |
| WP446 | Directed Technical Change, Evolution of Factor Structure and Total Factor Productivity Growth | Dong Zhiqing and Chen Rui |
| WP439 | Public Confidence and the nonlinear Effects of Monetary Policy | Su Zhifang, Hu Ridong and Wang Haicheng |
| WP429 | Investment Efficiency Puzzle: Financial Constraint Hypothesis and Monetary Policy Shock | Yu Kun，Li Zhiguo，Zhang Xiaorong and Xu Jiangang |
| WP412 | A Research on the Characters and Efficiency of Chinese National Income Growth under Open Circumstances | Fan Zhiyong and Mao Xuefeng |
| WP346 | Does Control Shareholders Obtain Their Control Right Private Benefits in Reducing Shares? | Huang Zhizhong |
| WP341 | Incomplete Information、Production Lag and The Pig Price Cycle | Yan Zhixiong |
| WP296 | Total Factor Productivity Measurement：Theories，Standard and Improvement of Methodologies | Zhang Xingwu Chen Limin and Xia Zhikun |
| WP294 | Bank Concentration, Corporate Savings and Current Account Imbalances | Zhibo Tan and Yue Zhao |
| WP289 | Fiscal Incentives and Regional Economic Growth: a U-Style Relationship | Shiwei, Liao Junping, Zhang Xuezhi |
| WP283 | The Rural-urban Inflation Convergence and Its Factors in China | Ouyang Zhigang |
| WP273 | On the Micro-Foundation of Fiat Money’s Nominal Value under the Framework of General Equilibrium | Xie Zhiping |
| WP254 | Conflicts of Interest, Analyst Optimism and Stock Price Crash Risk | Xu Nianhang, Jiang Xuanyu, Yi Zhihong and Xu Xinzhong |
| WP248 | E-commerce, Bank Loans and Financing of SMEs——A Theoretical Model Based on Information Economics | Zhao Yue and Tan Zhibo |
| WP232 | Transaction Efficiency,the Evolution of Labour Division and the Transform Tendency of Dual Trade Structure | Zhao Jingfeng and Wang Zhixin |
| WP222 | Capital Accumulation, Labor Mobility and Chinese Provincial Return on Capital | Luo Zhi and Guo Xibao |
| WP215 | Cronyism of Board Culture and Excessive Executive Compensations-Evidence from Chinese Listed Firms | Zheng Zhigang, Sun Juanjuan and Rui Oliver |
| On the Cyclical Behaviors of Chinese Inventory Investments | Xu Zhiwei , Che Dawei and Xue Hexiang |