Add to ORKGThis paper is in submission. In this paper, we apply the theory of rational expectation bubbles to the Chinese house market. Rational expectation bubbles imply that negative returns on house prices are, theoretically, less likely to occur if the bubbles exist and persist. Based on the data of 29 cities in China, we find no evidence to support the existence of bubbles in the housing market. JEL classification: R31; E31
Abstract: For many analysts, the Chinese economy is spurred by a bubble in the hous-ing market, prob...
Abstract: For many analysts, the Chinese economy is spurred by a bubble in the hous-ing market, prob...
China has seen extraordinary economic growth for the past two decades, coupled with a booming housin...
In this paper, we apply the theory of rational expectation bubbles proposed by Blanchard and Watson ...
Increases in house prices can lead to higher house price volatility, a significant determinant of de...
China’s property prices started to pick up in 2001, where the nationwide property price index for re...
The dramatic rise of house prices in many cities of China has brought huge attention from both the g...
The dramatic increase in China’s house prices creates house prices bubble spurring the Chinese econo...
© 2015 Taylor & Francis. This article studies how much variation in house prices results from nonf...
This paper argues that, contrary to popular opinion, the Chinese housing market has not created a pa...
There are plenty of arguments about the Chinese residential housing market bubble. Making improvemen...
It has been a hot topic concerning about whether price bubbles exist in the housing market in severa...
This paper studies an economy inhabited by overlapping generations of homeowners and investors, wit...
This paper studies an economy inhabited by overlapping generations of households and investors, with...
The Beijing housing market is highly important to the people and leaders of Beijing, China and the b...
Abstract: For many analysts, the Chinese economy is spurred by a bubble in the hous-ing market, prob...
Abstract: For many analysts, the Chinese economy is spurred by a bubble in the hous-ing market, prob...
China has seen extraordinary economic growth for the past two decades, coupled with a booming housin...
In this paper, we apply the theory of rational expectation bubbles proposed by Blanchard and Watson ...
Increases in house prices can lead to higher house price volatility, a significant determinant of de...
China’s property prices started to pick up in 2001, where the nationwide property price index for re...
The dramatic rise of house prices in many cities of China has brought huge attention from both the g...
The dramatic increase in China’s house prices creates house prices bubble spurring the Chinese econo...
© 2015 Taylor & Francis. This article studies how much variation in house prices results from nonf...
This paper argues that, contrary to popular opinion, the Chinese housing market has not created a pa...
There are plenty of arguments about the Chinese residential housing market bubble. Making improvemen...
It has been a hot topic concerning about whether price bubbles exist in the housing market in severa...
This paper studies an economy inhabited by overlapping generations of homeowners and investors, wit...
This paper studies an economy inhabited by overlapping generations of households and investors, with...
The Beijing housing market is highly important to the people and leaders of Beijing, China and the b...
Abstract: For many analysts, the Chinese economy is spurred by a bubble in the hous-ing market, prob...
Abstract: For many analysts, the Chinese economy is spurred by a bubble in the hous-ing market, prob...
China has seen extraordinary economic growth for the past two decades, coupled with a booming housin...