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Three Essays On College Earnings Premium And China’S Higher Education Expansion, Chenxu Hu
Three Essays On College Earnings Premium And China’S Higher Education Expansion, Chenxu Hu
Theses and Dissertations--Economics
My dissertation consists of three essays that study the college premium in China and how it has been affected by China’s higher education expansion.
In the first essay, I utilize the high education expansion as exogenous source to estimate the college premium. The rapidly changing access to college provides a rare opportunity to estimate a local treatment effect (LATE) of college education on earnings by utilizing the drastic increase in college admission rate in 1999. I also utilize the yearly admission rate as an instrumental variable for the endogenous college education. Using China Household Income Project 2013, the two IV …
Three Essays On Exchange Rate And Capital Controls, Yaorong Lou
Three Essays On Exchange Rate And Capital Controls, Yaorong Lou
Theses and Dissertations--Economics
This dissertation consists of essays that study exchange rate pass-through, China’s de facto exchange rate regime, and China’s capital controls.
The first essay studies exchange rate pass-through (ERPT) by using a set of data from ten countries including four advanced economies and six Asian emerging markets. The price indices used in this essay include consumer price, producer price, import price and export price indices. While most literature only include the import price index, this essay also puts emphasis on the export price index. It investigates the asymmetry in the ERPT between depreciation and appreciation of domestic currency by using a …