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We exploit the random assignment of judges in personal bankruptcy proceedings to test whether race and politics bias …, we have collected a random sample of 9,526 bankruptcy petitions. As race is not reported on court documents directly, we … use information on name and zip code to calculate a Bayesian-likelihood estimate of individual debtors' race. Controlling …
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This paper examines relational contracts (RCs) in the housing market that exist between lenders and appraisers. We …
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This paper estimates hedonic prices for different levels of housing space, by exploiting a unique space-adding project … in Singapore that added a uniform amount of space to each existing housing unit regardless of the original size. This … the resale price of a housing unit by 7% on average, and the extent of price appreciation varied significantly across the …
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This paper examines the role that agents play in fraudulent activities in the housing market in China. Using a … representative sample of housing transactions in Beijing from 2014 to 2017, we investigate the existence and magnitudes of the so …
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