This paper examines the impacts of local housing sentiments on the housing price dynamics of China. With a massive second-hand transaction dataset, we construct monthly local housing sentiment indices for 17 major cities in China from November 2016 to October 2020. We construct three sentiment...

This paper evaluates the performance of the housing market in China after the COVID-19 outbreak and the subsequent economy reopening. We construct weekly housing price indices for 64 cities by analyzing more than 700 thousand housing transaction records in 2019 and 2020. After accounting for the...

This paper investigates the effect of COVID-19 on both housing prices and housing price gradients in China using transaction level data from 60 Chinese cities. After using a difference-in-differences (DID) specification to disentangle the confounding effects of China’s annual Spring Festival,...

Top-down economic models, such as computable general equilibrium models, are the common tools to assess the economic impacts of climate change policies. However, these models are incapable of representing the detailed technological characteristics of the sources of greenhouse gas emissions. The...