Using individual-level credit card data from a Singapore financial institution, this paper investigates the effectiveness of a consumer financial regulation aiming to reduce household unsecured debt accumulation. A threat of suspending all existing unsecured credit induces the credit card...

We estimate the spatial diffusion of housing prices by both geographical and socio-economic linkages across 152 Chinese cities from 2005 to 2018, showing how long and to what magnitude housing prices are affected by shocks emanating from other cities. Along with exploring the diffusion effect to...

Households are one of the key participants in the economy as they provide land, labor, and capital to the external economy, in exchange for incomes including rents, wages, interests, and profits; the incomes are then utilized to buy goods and services from the external economy again, rendering...

Cycloaddition of CO2 into epoxides (CCE) reaction was the few chemical processes viable commercially in valorizations of carbon dioxide. The produced cyclic carbonate was valuable in electrolyte of lithium batteries and so on, however, halide anion was monopoly as cocatalyst in catalytic CCE...

Using a large representative sample of bank card transactions, this paper examines the impact of terrorist attacks on the household consumption structure choice between credit versus debit accounts. Compared with the baseline period, we document a daily increase of 0.19% more in the fraction of...