State Misallocation and Housing Prices: Theory and Evidence from China

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Credit Constraints, Job Mobility, and Entrepreneurship: Evidence from a Property Reform in China (2012, background): “The 2 Wang (2011) measures the degree of misallocation associated with the Chinese system of employer-provided housing and the equilibrium housing price effects of the removal of this type of housing misallocation. model allows heterogeneity in unobserved individual characteristics such as…”
House Price Index Construction in the Nascent Housing Market: The Case of China (2014, background): “7 Among others, see Wang (2001, 2003), Wu, Xu and Yeh (2007) for more details about Chinese housing reform.”
Assessment and determinants of residential satisfaction with public housing in Hangzhou, China (2015, background): “Such housing was provided by work units with a strong socialist ideology, and lease to employees with low rent only covering the maintenance costs (Wang, 2011).”
Two-Way Fixed Effects Estimators with Heterogeneous Treatment Effects (2018, background): “n of Regression 2, with some controls. The stable groups assumption is presumably not satised: it is unlikely that some MSAs have an housing supply elasticity equal to 0. This is a sharp design. 12. Wang (2011), State Misallocation and Housing Prices: Theory and Evidence from China. Table 5, Panel A”