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We study housing dynamics in China using vector autoregressions identified with theory-consistent sign restrictions. We study five potential drivers: 1) Population increases ; 2) a relaxation of credit standards, for example, due to the shadow banking system; 3) increasing preferences towards housing, for example, due to a housing bubble, or to housing(More)
The customization of the video endows users the ability to design the desired videos by themselves, however it is still a challenging task to achieve video composition up to now. In this paper, we design a draft based online video customization system (DovCut) that can convert the freehand draft into a realistic video. Based on a freehand draft in canvas(More)
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