We develop a model of government intervention with information disclosure in which the government with two private signals trades against other market participants to stabilize the financial markets. The government trades optimally based more on the price target than the noisy signal about the...

We develop a model of government intervention with information disclosure in which the government with two private signals trades against other market participants to stabilize financial markets. Information disclosure negatively affects financial stability by deteriorating the government's...

While a timely, accurate house price index with broad coverage is of significant importance in housing market research and analysis, the lack of reliable raw data sources remains a major constraint in the house price index construction in nascent housing markets such as China. In this study, we...