The paper explores the housing market, urban densification, and government policy interventions due to COVID-19 in Turkey. From 1980 to 2019, the share of urban population in Turkey increased from 43.78% to 75.14% (UN DESA, 2018) and simultaneously the housing production has been increased more...

This study complements the in-kind transfer and wealth effect literature by investigating the heterogeneous consumption effects of different forms but equivalent size of wealth shocks associated with public subsidy programs in the urban renewal process. We exploit a quasi-experiment on the...