Featured Publications

Han, L., & Hong, S.
(2024).
Cash is king? Understanding financing risk in housing markets.
Review of Finance
(28), 2083-2188.

Zhang, Y., Tu, Y., & Deng, Y.
(2024).
Duration-Dependent Transaction Tax Effects on Sellers and Their Behaviors.
Real Estate Economics
(52), 140-183.

Chu, X., Deng, Y., & Tsang, D.
(2025).
Firm Leverage and Stock Price Crash Risk: The Chinese Real Estate Market and Three-Red-Lines Policy.
Journal of Real Estate Finance and Economics
(70), 544-582.

Liang, W., Song, R., & Timmins, C.
(2024).
Frictional Sorting: The Impacts of Dual Constraints on Mobility and Housing Supply in China.
International Economic Review
(65), 1747-1776.

Deng, Y., & Wei, S.
(2025).
Inferring the Unofficial Incomes of Officials from Home Ownership.
Management Science
(71), 2802-2829.

Deng, Y., Han, C., Li, T., & Wang, Y.
(2024).
The Effectiveness and Consequences of the Government’s Interventions for Hong Kong’s Residential Housing Markets.
Real Estate Economics
(52), 324-365.

Baum-Snow, N., & Han, L.
(2024).
The Microgeography of Housing Supply.
Journal of Political Economy
(132), 1897-1946.