Land finance, land attracting investment and housing price fluctuations in China
作者： Ren Wang , Jie Hou
DOI: 10.1016/J.IREF.2020.12.021
关键词: Demand shock 、 Counterfactual thinking 、 Quantitative easing 、 Economics 、 Fiscal multiplier 、 Government spending 、 Monetary policy 、 Dynamic stochastic general equilibrium 、 China 、 Monetary economics
摘要: … between government imposed land price discrimination and housing price fluctuation in … show that land finance, monetary easing policy, labor preference and housing demand shocks …
sci-hub.st 参考文章(39)
Christopher J. Erceg, Dale W. Henderson, Andrew T. Levin, OPTIMAL MONETARY POLICY WITH STAGGERED WAGE AND PRICE CONTRACTS Journal of Monetary Economics. ,vol. 46, pp. 281- 313 ,(2000) , 10.1016/S0304-3932(00)00028-3
Wu Qun, Li Yongle, Yan Siqi, The incentives of China's urban land finance Land Use Policy. ,vol. 42, pp. 432- 442 ,(2015) , 10.1016/J.LANDUSEPOL.2014.08.015
Shen Guo, Lezheng Liu, Yan Zhao, The business cycle implications of land financing in China Economic Modelling. ,vol. 46, pp. 225- 237 ,(2015) , 10.1016/J.ECONMOD.2014.12.033
Jiun-Nan Pan, Jr-Tsung Huang, Tsun-Feng Chiang, Empirical study of the local government deficit, land finance and real estate markets in China China Economic Review. ,vol. 32, pp. 57- 67 ,(2015) , 10.1016/J.CHIECO.2014.11.003
Mehmet Huseyin Bilgin, Chi Keung Marco Lau, Ender Demir, Nijole Astrauskiene, None, Rental price convergence in a developing economy: New evidence from nonlinear panel unit root test International Journal of Strategic Property Management. ,vol. 14, pp. 245- 257 ,(2010) , 10.3846/IJSPM.2010.18
Haifang Huang, Yao Tang, Residential land use regulation and the US housing price cycle between 2000 and 2009 Journal of Urban Economics. ,vol. 71, pp. 93- 99 ,(2012) , 10.1016/J.JUE.2011.08.001
Wenlang Zhang, China’s monetary policy: Quantity versus price rules Journal of Macroeconomics. ,vol. 31, pp. 473- 484 ,(2009) , 10.1016/J.JMACRO.2008.09.003
Li Tian, Land use dynamics driven by rural industrialization and land finance in the peri-urban areas of China: “The examples of Jiangyin and Shunde” Land Use Policy. ,vol. 45, pp. 117- 127 ,(2015) , 10.1016/J.LANDUSEPOL.2015.01.006
Chengri Ding, Land policy reform in China: assessment and prospects Land Use Policy. ,vol. 20, pp. 109- 120 ,(2003) , 10.1016/S0264-8377(02)00073-X
Chengri Ding, Policy and praxis of land acquisition in China Land Use Policy. ,vol. 24, pp. 1- 13 ,(2007) , 10.1016/J.LANDUSEPOL.2005.09.002