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Posts by Hanchen Jiang

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Online Spatial & Urban Seminar Registration: To receive the Zoom link for the seminars please register on the Zoom webinar page. Spring 2026 February 23, 2026: John Mondragon (Federal Reserve Bank of San Francisco). Co-authored…

📣 Join us Monday at 11:30 ET for an @osus-info.bsky.social seminar!

Lei Ma presents “Build What and for Whom?: The Distributional Effects of Housing Supply" (osus.info)

Charles Nathanson and Gi Kim will be our panelists!
@urbaneconomics.bsky.social

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Wow! This is so cool!

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A happy update: My job market paper is now accepted at the Journal of Labor Economics. Since I never did a proper thread on it, here goes.

(Disclaimer: The views expressed in this paper are solely my own and do not reflect those of my employer, NYC IBO.)

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UEA 2026 Chicago

📣 Call for papers 📣

20th North American Meeting of the Urban Economics Association

September 25 - 26, 2026

Federal Reserve Bank of Chicago, Chicago

Keynotes by Jens Ludwig and Steve Redding

Please submit your paper by May 21st

urbaneconomics.org/meetings/uea...

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🚀📣 Join us 𝙩𝙤𝙢𝙤𝙧𝙧𝙤𝙬 for the next 𝐀𝐑𝐄𝐔𝐄𝐀 𝐕𝐢𝐫𝐭𝐮𝐚𝐥 𝐒𝐞𝐦𝐢𝐧𝐚𝐫 on Wednesday, April 15th at 9 AM EST, where 𝗛𝗲𝗲𝗷𝗶𝗻 𝗬𝗼𝗼𝗻 (Wisconsin) will present “𝗕𝗮𝗿𝗿𝗶𝗲𝗿𝘀 𝘁𝗼 𝗥𝗲𝗲𝗻𝘁𝗿𝘆: 𝗜𝗻𝗶𝘁𝗶𝗮𝗹 𝗕𝗼𝗿𝗿𝗼𝘄𝗶𝗻𝗴 𝗙𝗿𝗶𝗰𝘁𝗶𝗼𝗻𝘀, 𝗥𝗲𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴, 𝗮𝗻𝗱 𝗪𝗲𝗮𝗹𝘁𝗵 𝗥𝗲𝗱𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻”

📌🗓️ Registration: us06web.zoom.us/webinar/regi...

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Many recent studies on intergenerational educational mobility adopted the rank-rank model popularized by the work of Chetty et al. (2014, QJE) on income mobility, under the assumption that the approach remains valid for discrete variables. However, conversion of discrete data, such as years of schooling, into percentile ranks fails to make the empirical rank distribution uniform, unlike continuous variables such as income. Thus, the estimates of relative educational mobility from rank-rank regressions are not margin-free, and capture a fundamentally different concept of mobility compared to the rank-rank slope in income mobility analysis. Taking advantage of recent advances on discrete copulas, we introduce a margin-free measure of relative educational mobility, Yule’s coefficient, which is the analogue of the rank-rank slope in income mobility. Yule’s coefficient was proposed by Geenens (2020) as a summary measure of the margin-free dependence structure between two discrete variables such as children’s and parents’ schooling. The margin-free dependence structure is estimated by an iterative matrix re-scaling procedure applied to the joint probability mass function of the bivariate discrete distribution. We report estimates of Yule’s coefficient for 6 countries: the USA, Bangladesh, India, Indonesia, Chile, and Mexico. The evidence suggests that, in many cases, the rank-rank slope estimates for schooling overestimate the margin-free relative educational mobility (positional mobility). For example, the estimates for the USA (PSID data) are: rank-rank slope=0.441 and Yule’s coefficient=0.534. The extent of overestimation in the national estimates varies considerably across countries: 3.09% – 48.31%. The cross-country rankings and evolution of educational mobility across cohorts are substantially different when we use the margin-free Yule’s coefficient instead of the rank-based measures.

Many recent studies on intergenerational educational mobility adopted the rank-rank model popularized by the work of Chetty et al. (2014, QJE) on income mobility, under the assumption that the approach remains valid for discrete variables. However, conversion of discrete data, such as years of schooling, into percentile ranks fails to make the empirical rank distribution uniform, unlike continuous variables such as income. Thus, the estimates of relative educational mobility from rank-rank regressions are not margin-free, and capture a fundamentally different concept of mobility compared to the rank-rank slope in income mobility analysis. Taking advantage of recent advances on discrete copulas, we introduce a margin-free measure of relative educational mobility, Yule’s coefficient, which is the analogue of the rank-rank slope in income mobility. Yule’s coefficient was proposed by Geenens (2020) as a summary measure of the margin-free dependence structure between two discrete variables such as children’s and parents’ schooling. The margin-free dependence structure is estimated by an iterative matrix re-scaling procedure applied to the joint probability mass function of the bivariate discrete distribution. We report estimates of Yule’s coefficient for 6 countries: the USA, Bangladesh, India, Indonesia, Chile, and Mexico. The evidence suggests that, in many cases, the rank-rank slope estimates for schooling overestimate the margin-free relative educational mobility (positional mobility). For example, the estimates for the USA (PSID data) are: rank-rank slope=0.441 and Yule’s coefficient=0.534. The extent of overestimation in the national estimates varies considerably across countries: 3.09% – 48.31%. The cross-country rankings and evolution of educational mobility across cohorts are substantially different when we use the margin-free Yule’s coefficient instead of the rank-based measures.

𝗠. 𝗦𝗵𝗮𝗵𝗲 𝗘𝗺𝗿𝗮𝗻 (IPD, Columbia U) will present his paper on 𝗔𝗽𝗿𝗶𝗹 𝟭𝟳, 𝟮𝟬𝟮𝟲. #EconSky #SocSky #AcademicSky Join Us!

Title: 𝗪𝗵𝗲𝗻 𝗥𝗮𝗻𝗸𝘀 𝗙𝗮𝗶𝗹: 𝗡𝗲𝘄 𝗘𝘃𝗶𝗱𝗲𝗻𝗰𝗲 𝗼𝗻 𝗜𝗻𝘁𝗲𝗿𝗴𝗲𝗻𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗘𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗠𝗼𝗯𝗶𝗹𝗶𝘁𝘆

Time : 𝟭𝟬 𝗔𝗠 𝗘𝗦𝗧 ||𝟰 𝗣𝗠 𝗖𝗘𝗧 || 𝟭𝟭 𝗣𝗠 𝗖𝗵𝗶𝗻𝗮

Registration: 👉 tinyurl.com/ekdw93ma

👇Abstract:

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𝙋𝙡𝙚𝙖𝙨𝙚 𝙛𝙚𝙚𝙡 𝙛𝙧𝙚𝙚 𝙩𝙤 𝙨𝙝𝙖𝙧𝙚 𝙬𝙞𝙩𝙝 𝙖𝙣𝙮𝙤𝙣𝙚 𝙬𝙝𝙤 𝙢𝙞𝙜𝙝𝙩 𝙗𝙚 𝙞𝙣𝙩𝙚𝙧𝙚𝙨𝙩𝙚𝙙! 📝💬👏 lnkd.in/g7bMjafU

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🔗 𝗢𝗽𝗲𝗻 𝗔𝗰𝗰𝗲𝘀𝘀 𝗟𝗶𝗻𝗸: lnkd.in/g7bMjafU

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🌎 𝙒𝙝𝙮 𝙞𝙩 𝙢𝙖𝙩𝙩𝙚𝙧𝙨: As rent control gains momentum in the U.S. and beyond, answering this question is critical to understanding the policy's impact. 🏠💼

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💡 ...
• Racial and ethnic minorities are more likely to be overcharged than their White counterparts.
• Results are unlikely to be driven by policy provisions that allow additional rent increases, notably (1) preferential rent and (2) major capital improvement.

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💡 𝙆𝙚𝙮 𝙁𝙞𝙣𝙙𝙞𝙣𝙜𝙨:
• We uncover evidence indicative of widespread 𝘳𝘦𝘯𝘵 𝘰𝘷𝘦𝘳𝘤𝘩𝘢𝘳𝘨𝘪𝘯𝘨.
• During our sample period, over 30% of rent-stabilized apartments without turnover had rent increases exceeding the city's rent caps.

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🔍 𝙒𝙝𝙖𝙩 𝙒𝙚 𝙎𝙩𝙪𝙙𝙮:
• Rent control policies have gained renewed legislative momentum in the U.S., but 𝘢𝘳𝘦 𝘳𝘦𝘯𝘵-𝘳𝘦𝘨𝘶𝘭𝘢𝘵𝘦𝘥 𝘭𝘢𝘯𝘥𝘭𝘰𝘳𝘥𝘴 𝘢𝘥𝘩𝘦𝘳𝘪𝘯𝘨 𝘵𝘰 𝘵𝘩𝘦𝘴𝘦 𝘱𝘰𝘭𝘪𝘤𝘪𝘦𝘴?
• Using a unique panel dataset, we investigate 𝘯𝘰𝘯-𝘤𝘰𝘮𝘱𝘭𝘪𝘢𝘯𝘤𝘦 with rent caps in New York City's 𝘳𝘦𝘯𝘵 𝘴𝘵𝘢𝘣𝘪𝘭𝘪𝘻𝘢𝘵𝘪𝘰𝘯.

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🚀 𝙋𝙚𝙧𝙛𝙚𝙘𝙩 𝘼𝙪𝙩𝙝𝙤𝙧 𝙏𝙚𝙖𝙢: Brent Ambrose ( @pennstatesmeal.bsky.social Penn State Smeal College of Business and Borrelli Institute for Real Estate Studies), Xun Bian (University of North Texas), Ruoyu Chen (University of Windsor), and Hanchen Jiang (University of North Texas)

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🚨𝐍𝐞𝐰 𝐏𝐮𝐛𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐀𝐥𝐞𝐫𝐭🚨 🎉 🎉 Thrilled to share that our paper, “𝙍𝙚𝙣𝙩 𝘾𝙤𝙣𝙩𝙧𝙤𝙡, 𝙍𝙚𝙣𝙩 𝙊𝙫𝙚𝙧𝙘𝙝𝙖𝙧𝙜𝙚, 𝙖𝙣𝙙 𝙍𝙖𝙘𝙞𝙖𝙡 𝘿𝙞𝙨𝙥𝙖𝙧𝙞𝙩𝙮” 🏙️📈, has been published in the 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜𝐬 (the premier and official journal of @areuea.bsky.social 🚀 🚀 🚀

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🚀📣 Join us for the next AREUEA Virtual Seminar on Wednesday, April 15th at 9 AM EST, where Heejin Yoon (Wisconsin) will present “Barriers to Reentry: Initial Borrowing Frictions, Refinancing, and Wealth Redistribution”

📌🗓️ Registration: us06web.zoom.us/webinar/regi...

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2026 Call for Papers and Session Proposals 2026 Call for Papers Southern Economic Association®96th Annual Meeting November 21-23, 2026Marriott Marquis HoustonHouston, TX Call for Papers and Session Proposals The Call for Papers and Ses…

Urban and Trade juniors 🚨

@foxecon.bsky.social and I are organizing a few thematic sessions at the SEAs in November this year.

If you've finished your PhD in the last 1-2 years, send submissions us; we'll let you if it themes. Deadline: 🗓️ Friday May 27 ❗️

southerneconomic.org/conference/c...

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Congratulations!!!

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Of potential interest to UEA members:

Call for Papers – IEB 8th Workshop on Urban Economics

Barcelona, June 17–18, 2026

Keynotes: Gabriel Ahlfeldt and Lu Han

Submission deadline: March 15, 2026

Details: ieb.ub.edu/wp-content/u...

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Standard intergenerational measures have been shown to understate the long-run persistence of socioeconomic advantages in developed countries. We study theoretically and empirically whether this pattern extends to less developed settings, using Indonesia as a case study. We estimate multigenerational correlations in education across three generations, using five waves of the Indonesian Family Life Survey (IFLS) and the 1995 and 2005 Censuses. Contrary to previous findings, we find a negative grandparent-grandchild coefficient, implying greater educational mobility than the intergenerational correlations from developing contexts typically suggest. We build a theoretical framework to identify two key factors influencing multigenerational transmission in developing countries: (1) financial and credit constraints, and (2) cultural norms surrounding marital sorting. To test the salience of these mechanisms in Indonesia, we analyze regional variations in marital practices, education expenditures, and the impact of 1997 Asian financial crisis.

Standard intergenerational measures have been shown to understate the long-run persistence of socioeconomic advantages in developed countries. We study theoretically and empirically whether this pattern extends to less developed settings, using Indonesia as a case study. We estimate multigenerational correlations in education across three generations, using five waves of the Indonesian Family Life Survey (IFLS) and the 1995 and 2005 Censuses. Contrary to previous findings, we find a negative grandparent-grandchild coefficient, implying greater educational mobility than the intergenerational correlations from developing contexts typically suggest. We build a theoretical framework to identify two key factors influencing multigenerational transmission in developing countries: (1) financial and credit constraints, and (2) cultural norms surrounding marital sorting. To test the salience of these mechanisms in Indonesia, we analyze regional variations in marital practices, education expenditures, and the impact of 1997 Asian financial crisis.

𝗔𝗻𝘁𝗼𝗻𝗶𝗼 𝗗𝗮𝗹𝗹𝗮-𝗭𝘂𝗮𝗻𝗻𝗮 (Bank of Italy) will present his paper on 𝗝𝗮𝗻𝘂𝗮𝗿𝘆 𝟯𝟬, 𝟮𝟬𝟮𝟲. #EconSky #AcademicSky #Socsky Join us!

Title: 𝗘𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗠𝗼𝗯𝗶𝗹𝗶𝘁𝘆 𝗔𝗰𝗿𝗼𝘀𝘀 𝗠𝘂𝗹𝘁𝗶𝗽𝗹𝗲 𝗚𝗲𝗻𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀 𝗶𝗻 𝗜𝗻𝗱𝗼𝗻𝗲𝘀𝗶𝗮

Time : 𝟭𝟬 𝗔𝗠 𝗘𝗦𝗧 ||𝟰 𝗣𝗠 𝗖𝗘𝗧 || 𝟭𝟭 𝗣𝗠 𝗖𝗵𝗶𝗻𝗮

Registration: 👉 tinyurl.com/ekdw93ma

👇Abstract:

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Please follow us on LinkedIn:

www.linkedin.com/in/urban-eco...

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Convexity and Latent Status: Understanding the Evolution of Intergenerational Educational Mobility in Japan We study intergenerational educational mobility in Japan, with a focus on its evolution from the 1940s to the 1990s birth cohorts.  Japan is an excellent c

The linear model of educational mobility is misleading for understanding the evolution in Japan. It suggests no changes between the 1940s and 1990s birth cohorts, but the mobility curve was concave in the 1940s, and became convex in the 1990s.
Link to the paper: papers.ssrn.com/sol3/papers....

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Researching social mobility is hard in countries that only have data on coresident family members. This paper suggests that sibling similarity is a more robust measure in this case than parent-child similarity.

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Emran, M. S., Jiang, H., & Shilpi, F. (2025). Is gender destiny? Gender bias and intergenerational educational mobility in India. Journal of Economic Behavior & Organization, 238, 107217. doi.org/10.1016/j.je...

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Sage Journals: Discover world-class research Subscription and open access journals from Sage, the world's leading independent academic publisher.

Bian, X., Chen, R., & Jiang, H. (2025). Housing affordability and rent control: The case of elderly renters. Urban Studies, 00420980251359191. doi.org/10.1177/0042...

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Ahsan, M. N., Emran, M. S., Jiang, H., & Shilpi, F. (2025). Making the most of coresident data: Credible evidence on intergenerational mobility with sibling correlation. Journal of Development Economics, 176, 103508. doi.org/10.1016/j.jd...

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<em>Real Estate Economics</em> | AREUEA Journal | Wiley Online Library This study examines how immigrants, often concentrated in urban areas with higher rent burdens, benefit from rent control. We focus on New York City's rent stabilization policy, using data from 2002 ...

Bian, X., Chen, R., & Jiang, H. (2025). Do immigrants equally benefit from rent control?. Real Estate Economics, 53(1), 67-100. doi.org/10.1111/1540...

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Jiang, H., Quintero, L., & Yang, X. (2025). Does rent control increase tenant unemployment?. Journal of Urban Economics, 149, 103790. doi.org/10.1016/j.ju...

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