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Hanming Fang

@HanmingF

Norman C Grosman Professor of Economics, University of Pennsylvania. Co-Founder of VoxChina @voxchina2017. My tweets are my own.
Philadelphia, PA web.sas.upenn.edu/hfang Joined November 2023
236 Following 1.8K Followers 341 Posts

Latest posts 5

Hanming Fang @HanmingF
Nice summary of my JPubE paper by SCCEI! Local protectionism driven by career incentives of local politicians due to the promotion tournament.
📢 ‼️New SCCEI China Brief‼️ 📢
In China, competition for promotion among local officials exacerbates misallocation and fragments China’s domestic market. Read the brief: sccei.fsi.stanford.edu/china-briefs/b…
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Hanming Fang @HanmingF
Market sales price in property rights uncertainty but rental rates do not; limited property rights houses show more price volatility and turnovers-signs of more speculation-relative to matched full property rights houses.
NBER Verified account @nberpubs Sep 29
Studying how property rights uncertainty affects prices and speculative activities in the housing markets using a natural comparison of full and limited property houses in Shenzhen, from @HanmingF, Jing Wu, and Vincent Yao nber.org/papers/w35797
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Hanming Fang @HanmingF
Asset privatization as intergenerational redistribution instrument has the automatic stabilizer property, while pension based redistribution faces downward rigidity when growth slows down and population ages…
NBER Verified account @nberpubs Sep 20
Subsidized access to appreciating public assets in rapidly growing economies can serve as a powerful instrument for intergenerational redistribution, from Kaiji Chen, @HanmingF, and Yang Tang nber.org/papers/w35754
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