128 Academia Road, Section 2
Nankang
Taipei, 11529
Taiwan
Institute of Economics, Academia Sinica
Tobin tax, housing affordability, noise trading, holding period returns, macroprudential policy, bunching, optimal taxation, redistribution
loan-to-value ratio, place-based mortgage restrictions, macroprudential policy, intermediation, collateral misreporting, house prices, border discontinuity, location sorting
Financial crises; Macroprudential policy; Liquidity; Fire sale; Basel III.
Sudden stops, Pecuniary externality, Overborrowing, Lender structure