Using unique data that track college students' performance over multiple high-stakes tests, we study the impact of transitory random disturbances to student cognitive performance and a minimum-passing-score policy on access to graduate education. Exploiting thermal inversions as an instrumental...

Parents compete for high-quality education for their children by enrolling them in good schools. However, in a Chinese mega-city like Beijing, three factors jointly lead to the spatial separation between schools and homes: the centralized public goods provision mechanism, the historical...

Characteristics of the indoor environmental quality directly impact humans’ ability to lead healthy and productive lives. We estimated the effects of changes in indoor air quality (namely through indoor ventilation rates and carbon dioxide levels) on health, performance, and productivity...

In this study, we estimate the degree and scope of PM2.5-induced negative price shock in Korea’s local housing markets, taking a 2SLS hedonic approach. For the analysis, we constructed a 5-year panel data set of Korea’s 110 city and county level municipalities between 2012 and 2016, and...

Over the last thirty years, China's major cities have experienced significant income and population growth. Much of this growth has been fueled by urban production spurred by world demand. Using a unique cross-city panel data set, we test several hypotheses concerning the relationship between...