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their individual savings rates by age. Using unique data from China that enable the re-construction of whole families and … young in China would be 21% lower if housing prices were at the same ratio to disposable incomes as that observed in the …
Persistent link: https://www.econbiz.de/10012480153
This paper provides new estimates of the housing stock, construction rates and price developments by city tier in China … also update estimates of the size of China's rapidly evolving real estate sector through 2021, allowing one to look at the … construction. We argue that China overall faces imbalances between supply and demand for housing stock, but the problem is …
Persistent link: https://www.econbiz.de/10013388875
Collective reputation implies an important externality. Among firms trading internationally, quality shocks about one firm's products could affect the demand of other firms from the same origin country. We study this issue in the context of a large-scale scandal that affected the Chinese dairy...
Persistent link: https://www.econbiz.de/10012480227
/sunk costs of this option are higher. Our results suggest that had China not liberalized its direct trading rights when it joined …
Persistent link: https://www.econbiz.de/10012457503
data from China and an equilibrium quantitative framework that features the sorting of workers across locations and … covering rural land in China during the period …
Persistent link: https://www.econbiz.de/10012814441
Persistent link: https://www.econbiz.de/10012480126
detected by high-resolution satellites in China during 2005 to 2011, this paper investigates the impacts of fires on cognitive …
Persistent link: https://www.econbiz.de/10012480149
labor from local agricultural production leading to more firms. Using major highway programs in India and China, we find …
Persistent link: https://www.econbiz.de/10014544726
This paper provides a new heterogeneous firm model for trade where firms differ in their productivity and experience different market demand shocks. The model incorporates variations in trade policy, trade preferences, and the rules of origin needed to obtain them, to reflect real world...
Persistent link: https://www.econbiz.de/10012465935
Backcasting upward bias in price index over long periods of time yields levels of real consumption two or four centuries ago that are implausibly low, raising the possibility that price index bias for important products may have been zero or even negative at some point in the past. This paper...
Persistent link: https://www.econbiz.de/10012467130