Urbanisation in China has long been held back by various restrictions on land and internal migration but has taken off …

What explains the rapidly increasing housing investment demand in China? To address this question, we develop an … financial constraints. Housing demand in China takes place not only through households' owning multiple houses, but also through … which is a typical growth pain in a developing country like China. As an extension, we apply the analysis to derive …

information on fraudulent activities of listed companies in China, we find that households with more lifetime experience of …