Add to ORKGThere are plenty of arguments about the Chinese residential housing market bubble. Making improvement of the analyses Yu (2011), the present paper present a more reasonable “discount cash flow model” to detect the existence of the bubble in the residential house market from 1998 to 2010. The result indicated there are bubbles in the market. Bubbles we observed are mixes of the rational bubble and the irrational bubbles. Based on the empirical analysis, this paper proposes political implication to prevent the starting and expanding of bubbles
This paper studies an economy inhabited by overlapping generations of households and investors, with...
The real estate bubble has always been the concern of the government and scholars. Especially at the...
Natacha Aveline-Dubach (2020) In Pumain, Denise (ed.): Theories and Models of Urbanization. Cham:...
China’s property prices started to pick up in 2001, where the nationwide property price index for re...
In this paper, we apply the theory of rational expectation bubbles proposed by Blanchard and Watson ...
This paper is in submission. In this paper, we apply the theory of rational expectation bubbles to t...
Abstract: For many analysts, the Chinese economy is spurred by a bubble in the hous-ing market, prob...
The absence or presence of housing bubbles in the Chinese housing market has been an issue recently ...
Abstract: For many analysts, the Chinese economy is spurred by a bubble in the hous-ing market, prob...
The dramatic increase in China’s house prices creates house prices bubble spurring the Chinese econo...
Increases in house prices can lead to higher house price volatility, a significant determinant of de...
Ever since the implementation of China’s housing reform in 1998, the high and rapidly rising housing...
International audienceThe speculative nature of both stock and housing markets in China has attracte...
Based on the classical De Long et al (1990), we build a model of housing bubbles to analyze the role...
The Beijing housing market is highly important to the people and leaders of Beijing, China and the b...
This paper studies an economy inhabited by overlapping generations of households and investors, with...
The real estate bubble has always been the concern of the government and scholars. Especially at the...
Natacha Aveline-Dubach (2020) In Pumain, Denise (ed.): Theories and Models of Urbanization. Cham:...
China’s property prices started to pick up in 2001, where the nationwide property price index for re...
In this paper, we apply the theory of rational expectation bubbles proposed by Blanchard and Watson ...
This paper is in submission. In this paper, we apply the theory of rational expectation bubbles to t...
Abstract: For many analysts, the Chinese economy is spurred by a bubble in the hous-ing market, prob...
The absence or presence of housing bubbles in the Chinese housing market has been an issue recently ...
Abstract: For many analysts, the Chinese economy is spurred by a bubble in the hous-ing market, prob...
The dramatic increase in China’s house prices creates house prices bubble spurring the Chinese econo...
Increases in house prices can lead to higher house price volatility, a significant determinant of de...
Ever since the implementation of China’s housing reform in 1998, the high and rapidly rising housing...
International audienceThe speculative nature of both stock and housing markets in China has attracte...
Based on the classical De Long et al (1990), we build a model of housing bubbles to analyze the role...
The Beijing housing market is highly important to the people and leaders of Beijing, China and the b...
This paper studies an economy inhabited by overlapping generations of households and investors, with...
The real estate bubble has always been the concern of the government and scholars. Especially at the...
Natacha Aveline-Dubach (2020) In Pumain, Denise (ed.): Theories and Models of Urbanization. Cham:...