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Xiaodong Zhu

Papers by Xiaodong Zhu tracked in the Macro Paper Warehouse.

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Published Econometrica Online 1 Jan 2025
Rural Pensions, Labor Reallocation, and Aggregate Income: An Empirical and Quantitative Analysis of China

Qingen Gai · Naijia Guo · Bingjing Li · Qinghua Shi · Xiaodong Zhu

This paper asks why so much labor stays in low-productivity agriculture in developing countries, and treats the county-by-county rollout of China's New Rural Pension Scheme (NRPS) between 2009 and …