But these so-called "stylized facts " are supposed to predict human behavior; they don 't necessarily pretend to mirror it.
Based on a large panel data set, we present the stylized facts of rural taxation in China and propose a general theoretical framework in understanding these facts.
This paper conducts an empirical analysis of economic fluctuation from 1952 to 1999 in China, and provides some important stylized facts.
Based on China' s stylized facts behind foreign trade and a brief review of trade theories in new classicalism, Keynesianism, monetarism and intertemporal approach of current account, a theoretical model is built.
