Climate change and the recent rapid expansion of residential areas into rural areas after the outbreak of COVID-19 expose more communities to the wildfire risk. This research adopts a unique database containing house transaction data from near the boundary of the Bushfire Prone Area (BPA), which...

Climate change and the recent rapid expansion of residential areas into rural areas after the outbreak of COVID-19 expose more communities to the wildfire risk. This research adopts a unique database containing house transaction data from near the boundary of the Bushfire Prone Area (BPA), which...

Different from traditional statistical analysis that concerns about individuals, network analysis focuses more on the dichotomous relationships between those individuals. It is then of interest to investigate the relationship against a set of predictive variables. The widely used generalized...

This paper investigates impact of digital development on labor mobility decisions across Chinese industries using data from the China Family Panel Studies (2014-2018) and China’s Input-Output Table data. Our findings reveal a significant crowding-out effect of industry digitalization...

This paper studies the impact of abolishing tram fares in the city center of Melbourne (CBD) on the real estate market. Since January 1, 2015, tram users have not had to pay tram fares within the designated free tram zone. It is found that real estate unit buyers living in the outer fringe of...

We examine the impact of bilingual school designation on the house price by analyzing a natural experiment of school conversion from a monolingual school to bilingual school in Melbourne. We find that the house price within the pertinent school catchment area responds positively by 8.4%-9.1% and...

Since 1998, Singapore has had an Electronic Road Pricing (ERP) system set up with a network of toll gantries to tax vehicles entering designated areas in the city center during peak hours. Using the congestion rate hike with effect from November 1, 2010 as an exogenous shock, we test the effects...

This paper analyzes the effect of congestion toll rate change on the change of commuters' transport modal choice in Singapore's context. Amongst several alternatives that commuters can choose when they face increase of congestion tax, this study specifically tests the impact on the modal change...

Exploiting a novel panel dataset of consumer financial transactions in Singapore, we examine the consumption response to an anticipated, transitory price shock generated by the nation-wide annual sale event. Consistent with theory, we find inter-temporal substitution where consumers spend less...