In this paper, we investigate the determinants of household asset portfolios during the COVID-19 outbreak in China. Using an online longitudinal survey and focusing on a broad spectrum of assets, including stocks, gold, wealth management products, and houses, we show that more confirmed COVID-19...

In this study, we exploit a policy shock that differentially increased capital gains taxes for housing units with holding period less than 5 years, and document tax avoidance and tax evasion in the residential resale market in China. We show suggestive evidence that after the capital gains tax...

There are widespread concerns that the ongoing COVID-19 pandemic leads to negative attitudes or even stigmatization, especially towards peoples and products from the epicenters. We study the effects of information treatments on partially mitigating the negative impacts such as stigmatization on...

We study the effects of information treatments on mitigating the negative impacts on demand at specific locations with a survey experiment. Using two randomly assigned information treatments targeting Hubei products, we document that the respondents are more likely to choose a similar non-Hubei...