This study empirically tests volatility effects on land development options using data on the government's land sales by tender for the period from 1995 to 2018. We find that development land option premiums increase by 6% on average with one standard deviation increase in conditional...

The paper examines differences in housing externalities across regions with different political affiliations. Using a merged dataset containing data on public housing upgrading, resale public housing transactions, electoral boundaries and election results from 2010 to 2016 and a...

Singapore has one of the strictest debt relief systems worldwide. We merge a large dataset on the residences of adult Singaporean citizens with a bankruptcy dataset to investigate the effect of parental bankruptcy on children’s financial behavior in adulthood. Children whose parents declared...

Personal bankruptcy is a widely used debt relief policy. We merge a large dataset on the demographic information and the residences of adult Singaporean citizens with a bankruptcy dataset to investigate the effect of parental bankruptcy on children’s financial behavior in adulthood. Children...