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Land-taking controversies around the globe have been making headline news recently. This article examines the similarities, differences, and ironies in what has been happening in China, Vietnam, and the United States. Even though these countries are different on many levels, their fiscal...
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This study compares recent home price dynamics of two countries, Korea and the U.S., in terms of underlying determinants of price variations, over time and across locations, along with dynamic adjustment patterns of disequilibrating price shocks. In particular, 2-stage error correction models...
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