Add to ORKGWe investigate the interaction between the real estate market and the business cycle volatility in China over the past two decades. A Bayesian dynamic stochastic general equilibrium (DSGE) model with nominal stickiness and collateral constraints is estimated. It is found that shocks from the housing market (e.g., loan-to-value ratio and housing preference shocks) affect the macroeconomy of China. The interactive feedback between credit constraints and housing prices amplifies the impact of various economic shocks, which plays an important role in explaining the business cycle volatility in China
This paper adds to the literature on wealth effects on consumption by disentangling house price effe...
Abrams, BurtonWang, SiyanThis study investigates the determinants of housing prices in Chinese metro...
Housing is one of the most important assets for households and has profound implications for the eco...
We investigate the interaction between the real estate market and the business cycle volatility in C...
We investigate what determines China's housing price dynamics using a DSGE‐VAR estimated with priors...
Abstract. This paper examines the housing sales in China from 2004 to 2015 utilizing an optimal dyna...
This thesis addresses two main issues related to the housing market in China. It discovers: i) the ...
Motivated by the observation that the down payment policy in China is government-controlled and pro-...
There are lots of empirical studies and theory concluded that house price able to reflect economic f...
This paper investigates whether housing collateral is important to the business cycle in China. We d...
This thesis consists of three essays. In these three essays, I use dynamic stochastic general equili...
Purpose: China's real estate market is rampantly expanding. The purpose of this paper is to examine ...
The dramatic increase in China’s house prices creates house prices bubble spurring the Chinese econo...
Using Chinese city-level data from 1999 to 2012 and considering geological, environmental, and socia...
This paper studies the interaction effects between monetary policy actions and house price changes i...
This paper adds to the literature on wealth effects on consumption by disentangling house price effe...
Abrams, BurtonWang, SiyanThis study investigates the determinants of housing prices in Chinese metro...
Housing is one of the most important assets for households and has profound implications for the eco...
We investigate the interaction between the real estate market and the business cycle volatility in C...
We investigate what determines China's housing price dynamics using a DSGE‐VAR estimated with priors...
Abstract. This paper examines the housing sales in China from 2004 to 2015 utilizing an optimal dyna...
This thesis addresses two main issues related to the housing market in China. It discovers: i) the ...
Motivated by the observation that the down payment policy in China is government-controlled and pro-...
There are lots of empirical studies and theory concluded that house price able to reflect economic f...
This paper investigates whether housing collateral is important to the business cycle in China. We d...
This thesis consists of three essays. In these three essays, I use dynamic stochastic general equili...
Purpose: China's real estate market is rampantly expanding. The purpose of this paper is to examine ...
The dramatic increase in China’s house prices creates house prices bubble spurring the Chinese econo...
Using Chinese city-level data from 1999 to 2012 and considering geological, environmental, and socia...
This paper studies the interaction effects between monetary policy actions and house price changes i...
This paper adds to the literature on wealth effects on consumption by disentangling house price effe...
Abrams, BurtonWang, SiyanThis study investigates the determinants of housing prices in Chinese metro...
Housing is one of the most important assets for households and has profound implications for the eco...