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May 2012  --  Vol. 13  No. 1

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Chunli Shen, Jing Jin and Heng-fu Zou
Fiscal Decentralization in China: History, Impact, Challenges and Next Steps
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Jing Jin, Chunli Shen and Heng-fu Zou
Fiscal Decentralization and Peasantsí Financial Burden in China
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Juncheng Feng, Rui Hao, Yang Li and Kezhong Zhang
The Effect of Leadership Transition on Government Expenditure: Evidence from China
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Qinghua Zhang and Heng-fu Zou
Regional Inequality in Contemporary China
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Raymond Kan and Guofu Zhou
Tests of Mean-Variance Spanning
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Qi Gao, Jingping Gu and Paula Hernandez-Verme
A Semiparametric Time Trend Varying Coefficients Model: With An Application to Evaluate Credit Rationing in U.S. Credit Market
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Tianyi Wang and Zhuo Huang
The Relationship between Volatility and Trading Volume in the Chinese Stock Market: A Volatility Decomposition Perspective
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