Publications
Publications
Li, Jinghong, Zanhui Liu, and Yang Yao (2025). Career Paths in Hierarchies: Theory and Evidence from Chinese Officials. Journal of Economic Behavior & Organization, 234, 107027. (SSRN)
Liu, Zanhui (2024). Information and Polarization. Journal of Economic Behavior & Organization, 226, 106686. (SSRN)
"Governing Local Bureaucracy in a Centralized State", with Zhaotian Luo, Yucheng Qiu, Tianyang Xi, and Hongding Zhu.
"A Relational Theory of Power Alternation", with Zhaotian Luo, Yucheng Qiu, and Shuyi Yu.
"Softening the Iron Cage: A Theory of Collusion and Adaptation in Bureaucracy", with Zhaotian Luo, and Yucheng Qiu.
"A Theory of International Official Lending", with Qing Liu, and Vivian Zhanwei Yue. (New draft coming soon)
"Efficiency through Incentives: A Theory of International Conditional Lending", with Qing Liu. (Draft available upon request)
"Quantity Controls over Uncontrollable: The Paradox of China's Local Government Debt Dynamics", with Qing Liu and Zheng Michael Song.
"Replacement and Patronage", with Zhaotian Luo, Yucheng Qiu, and Shuyi Yu.