Financial & Real Estate Markets

The institute helps coordinate the efforts of scholars (faculty and students) across campus and supports research to understand economic growth in China (past, present and future) and its impact on the world economy. Focus areas include rural development, firm activities and industrial dynamics, markets and regulation, financial and real estate markets, international trade, and environmental and energy challenges. Some of current research projects aim to understand: the impacts of industrial policies in China; the dynamics of firm productivity and location choices; the causes, consequences, and policy choices regarding air pollution; the transportation policies and outcomes; and electricity sector restructuring.

Tightening Belts to Buy a Home: Consumption Responses to Rising Housing Prices in Urban China, Andrew Waxman, Yuanning Liang, Shanjun Li, and Panle Jia Barwick

Fear and Trust: How Risk Perceptions of Avian Influenza Affect the Demand for Chicken, Li Zhou, Calum G. Turvey, Wuyang Hu, and Ruiyao Ying

Financial Inclusion and Rural Financial Services in China, Xueping Xiong, Calum G. Turvey, and Chongguang Li

Cross-Border Banking Flows and Systemic Risk, Andrew Karolyi, John Sedunov, and Alvaro Taboada

The Coming Wave: Where Do Emerging Market Investors Put Their Money? Andrew Karolyi, David T. Ng, and Eswar S. Prasad

The U.S. Listing Gap, Craig Doidge, Andrew Karolyi, and René M. Stulz