Covid-19

Economic Impacts of China’s Zero-COVID Policies

This paper presents an investigation of the economic consequences of the zero-COVID policy implemented by the Chinese government as a pilot experiment in using big data for country management from 2020 to 2022. Our study includes an original …

Crisis Control in Top-down Bureaucracy: Evidence from China's Zero-Covid Policy

This study investigates the compliance of local Chinese officials with the zero-Covid policy throughout the COVID-19 pandemic. By examining biographical data from political elites and using a prefecture-day data set on risk levels – an indicator …

The Market Price of COVID-19 Containment Measures: Evidence from China's LGFV Bond Market

Mobile Payment, Consumption Smoothing and COVID-19 Shock in Rural China

Using a unique dataset that combines monthly Alipay payment data with city lockdown and government-issued risk level data, this paper investigates the impact of the COVID-19 pandemic on online payment activities in rural China. We find that city …

The Impacts of the Zero-Covid Policy on Academic Performance: Evidence for Primary and Secondary Students in China

The outbreaks of coronavirus disease 2019 (COVID-19) and subsequent lockdowns and school closures have caused varying degrees of academic disruptions for children. This paper exploits variation in the duration that cities were classified as medium- …

Cost of Zero-Covid: Effects of Anti-contagious Policy on Labor Market Outcomes in China

We study the effect of China’s anti-contagious policy on labor market outcomes in 2020. By exploiting variation in the duration of the zero-Covid policy in China, which is triggered by the outbreak of new cases of COVID-19 in a 14-day observation …