market economy. Housing reform and rising income inequality also contribute to higher savings. Moving forward, demographic … inequality are also needed to reduce savings further and boost consumption …

The large literature on regional inequality in the People's Republic of China (PRC) is hampered by incomplete evidence … on price dispersion across space, making it hard to distinguish real and nominal inequality. The two main methods used to … housing given the fixity of land. In this paper we use newly available data on dwelling sales in urban PRC to develop …

across communities. The effect of inequality on the quality of public schools depends on the relative size of the housing … market of each community. When inequality increases, if the housing conditions of the community in which rich and poor … live in the same community but segregate by schooling. When inequality is smaller, we observe the typical sorting by income …

during the Great Recession was much larger in zip codes that experienced a sharp decline in housing net worth. In the years … conclusion is that housing and household debt should play a larger role in models exploring the importance of household …

living payments and housing. …