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Hukou status, housing tenure choice and wealth accumulation in urban China
16 references·1 citing·44 second hop
Hukou status, housing tenure choice and wealth accumulation in urban China (2021)Hukou status, housing tenure choice and w…Capital Accumulation, Private Property, and Rising Inequality in China, 1978–2015 (2019)Capital Accumulation, Private…Wealth Inequality in the United States since 1913: Evidence from Capitalized Income Tax Data * (2016)Wealth Inequality in the Unit…Capital in the Twenty-First Century (2014)Capital in the Twenty-First C…Labor Market Outcomes and Reforms in China (2012)Labor Market Outcomes and Ref…The ChineseHukouSystem at 50 (2009)The ChineseHukouSystem at 50Portfolio Choice in the Presence of Housing (2004)Portfolio Choice in the Prese…Institution and inequality: the hukou system in China (2004)Institution and inequality: t…Accounting for the U.S. Earnings and Wealth Inequality (2003)Accounting for the U.S. Earni…Owner-Occupied Housing and the Composition of the Household Portfolio (2002)Owner-Occupied Housing and th…The Two-Tier Labor Market in Urban China (2001)The Two-Tier Labor Market in …TheHukouSystem and Rural-Urban Migration in China: Processes and Changes (1999)TheHukouSystem and Rural-Urba…The Origins and Social Consequences of China's Hukou System (1994)The Origins and Social Conseq…A Model of Housing Tenure Choice (1983)A Model of Housing Tenure Cho…Risk Aversion in the Small and in the Large (1976)Risk Aversion in the Small an…Aspects of the Theory of Risk-Bearing. (1966)Aspects of the Theory of Risk…Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small an…Unveiling the impact of housing debt on entrepreneurship: Evidence from China (2024)Unveiling the impact of housi…Income Inequality in the United States, 1913-1998 (2003)Nudge: improving decisions about health, wealth, and happiness (2008)How Elastic Are Preferences for Redistribution? Evidence from Randomized Survey Experiments (2015)Distributional National Accounts: Methods and Estimates for the United States* (2017)Inequality and the health-care system in the USA (2017)The Efficiency of the Market for Single-Family Homes (1988)The baby boom, the baby bust, and the housing market (1989)Assessing High House Prices: Bubbles, Fundamentals and Misperceptions (2005)Optimal life cycle asset allocation : understanding the empirical evidence (2005)Down or Out: Assessing the Welfare Costs of Household Investment Mistakes (2007)China's Changing Population (1988)Policy Making in China (1988)Policy Making in China: Leaders, Structures, and Processes. By Kenneth Lieberthal and Michel Oksenberg. Princeton: Princeton University Press, 1988. xvi, 445 pp. $39.95. (1989)The household registration system and social stratification in China: 1955–1996 (2004)Cities with invisible walls: reinterpreting urbanization in post-1949 China (1995)Post‐Mao China: A Two‐Class Urban Society in the Making (1996)Contesting Citizenship in Urban China (1999)Policy distortions, farm size, and the overuse of agricultural chemicals in China (2018)Dynamic Fiscal Policy. (1989)Uninsured Idiosyncratic Risk and Aggregate Saving (1994)Income and Wealth Heterogeneity in the Macroeconomy (1998)Consumption and risk sharing over the life cycle (2004)Wealth Inequality and Intergenerational Links (2004)Unequal we stand: An empirical analysis of economic inequality in the United States, 1967–2006 (2009)Top Incomes in the Long Run of History (2011)Capital is Back: Wealth-Income Ratios in Rich Countries 1700–2010 * (2014)Inequality in the long run (2014)Big other: Surveillance Capitalism and the Prospects of an Information Civilization (2015)The roads ahead: Narratives for shared socioeconomic pathways describing world futures in the 21st century (2015)The revenge of the places that don’t matter (and what to do about it) (2017)Optimum consumption and portfolio rules in a continuous-time model (1971)The equity premium: A puzzle (1985)Consumption and Portfolio Choice over the Life Cycle (2005)Household Finance (2006)How do house prices affect consumption? Evidence from micro data (2006)The Econometrics of Financial Markets (2012)Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case (1969)On the measurement of inequality (1970)Risk Aversion and Incentive Effects (2002)Financial Intermediation and Delegated Monitoring (1984)Prospect theory: An analysis of decision under risk (1988)Well-being : the foundations of hedonic psychology (1999)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The arbitrage theory of capital asset pricing (1976)
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References

  • 2014Capital in the Twenty-First Century14,423 cited
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  • 1976Risk Aversion in the Small and in the Large4,655 cited
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  • 2016Wealth Inequality in the United States since 1913: Evidence from Capitalized Income Tax Data *1,575 cited
  • 1999TheHukouSystem and Rural-Urban Migration in China: Processes and Changes1,347 cited
  • 2004Portfolio Choice in the Presence of Housing1,004 cited
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  • 2002Owner-Occupied Housing and the Composition of the Household Portfolio832 cited
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  • 1983A Model of Housing Tenure Choice698 cited
  • 2004Institution and inequality: the hukou system in China569 cited
  • 2012Labor Market Outcomes and Reforms in China531 cited
  • 2001The Two-Tier Labor Market in Urban China499 cited
  • 2019Capital Accumulation, Private Property, and Rising Inequality in China, 1978–2015

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  • 2024Unveiling the impact of housing debt on entrepreneurship: Evidence from China4 cited