A binding interest rate cap on household savings is a common form of financial repression in developing economies and typically benefits banks. Using proprietary data from a leading Chinese FinTech company, we study Fintech's role in ending financial repression in China through the introduction...

Housing decisions depend critically on the supply of long-term rental housing, yet surprisingly few studies examine the determinants of this supply. Based on term structure theories of asset prices and extrapolative beliefs, we hypothesize that housing market conditions shape the term structure...

We examine the transition to and persistence of working from home (WFH) by firms after the COVID-19 shock. Using job posting data from a leading online job portal in China and exploiting the COVID-19 pandemic as a quasi-experiment inducing the short-run WFH take-up of firms, we find a...