This paper uses a difference-in-differences strategy and an event-study analysis to evaluate the effect of Uber entries on vehicle miles traveled (VMT) in 346 US MSAs between 2011 and 2017. Empirical results demonstrate that Uber entries have no significant effect on the total VMT in a city....

This paper examines the impacts of local housing sentiments on the housing price dynamics of China. With a massive second-hand transaction dataset, we construct monthly local housing sentiment indices for 17 major cities in China from November 2016 to October 2020. We construct three sentiment...

This paper explores the effect of gasoline prices on traffic congestion and carbon emissions. The international crude oil price is used as an instrumental variable for the gasoline price in Chinese cities. Empirical results show that a ten percent increase in gasoline prices significantly...