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This paper investigates the spillover effect from the housing market to the marriage market. In 2001, Singapore introduced the Build-to-Order (BTO) scheme to build and allocate new public housing to eligible Singaporean families. Using the BTO scheme in a quasi-natural experiment, we study how a...
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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...
Persistent link: https://www.econbiz.de/10013294537
Real estate markets are highly vulnerable to inflows of illicit wealth. The clandestine nature of dark money makes these activities difficult to detect and estimate. We exploit offshore data leaks – the Panama Papers – to study how associated individuals behave in housing transactions...
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