This paper uses a unique panel dataset of consumer financial transactions to study how consumers respond to an exogenous unanticipated income shock. Consumption rose significantly after the fiscal policy announcement: during the ten subsequent months, for each $1 received, consumers on average...

We estimate the spatial diffusion of housing prices by both geographical and socio-economic linkages across 152 Chinese cities from 2005 to 2018, showing how long and to what magnitude housing prices are affected by shocks emanating from other cities. Along with exploring the diffusion effect to...

Cycloaddition of CO2 into epoxides (CCE) reaction was the few chemical processes viable commercially in valorizations of carbon dioxide. The produced cyclic carbonate was valuable in electrolyte of lithium batteries and so on, however, halide anion was monopoly as cocatalyst in catalytic CCE...

This study investigates the existence of political rents in bank lending, using a comprehensive loan-level data set of the universe of commercial loans in Mexico from 2003 to 2012. Identification relies on changes in the state of origin of a senate committee chairman as a source of exogenous...