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1. Programa para la República Popular de China

   Julio 2016

   The China Program explores issues and challenges relating to land and taxation policy in China with a focus on rapid urban development, fundamental land policy and tax reform. The work is...

2. Mortgage Enforcement and Public Regulatory Actions in China in Selected Chinese Cities

   Documentos de trabajo
   Julio 2016
   Xinrui Shi

   This paper serves as a primer to examine the issues extant in the Chinese mortgage enforcement system; to analyze overbuilding and vacancy in three Chinese cities; and to explore the possibility of...

3. Real Estate Development and Financial Crises

   A Comparative Study Between China and World Major Economies 1980–2014
   Documentos de trabajo
   Junio 2016
   Simon X. Zhao and Bryane Michael

   This report represents an international, comparative, empirical study of the relationship between financial crises and real estate development—with a focus on Japan, Hong Kong, the U.S., some OECD...

4. Bubble Economics

   How Big a Shock to China’s Real Estate Sector Will Throw the Country into Recession, and Why Does It Matter?
   Documentos de trabajo
   Mayo 2016
   Bryane Michael and Simon X. Zhao

   How far do China’s property prices need to drop in order to send the country into a recession? What does this question tell us about the way Bubble Economies work? In this paper, we develop a theory...