What Drives Urban Consumption in Mainland China? The Role of Property Price Dynamics

Author:

Chen Yu-Fu1,Funke Michael2,Mehrotra Aaron3

Affiliation:

1. University of Dundee

2. Hamburg University and CESifo Munich

3. Bank for International Settlements

Publisher

Wiley

Subject

Economics and Econometrics

Reference43 articles.

1. Ahuja , A. L. Cheung G. Han N. Porter W. Zhang 2010 Are House Prices Rising Too Fast in China? IMF Working Paper

2. Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations;Arellano;Review of Economic Studies,1991

3. Real Estate versus Financial Wealth in Consumption;Benjamin;The Journal of Real Estate Finance and Economics,2004

4. Housing Wealth, Financial Wealth, and Consumption: New Evidence from Micro Data;Bostic;Regional Science and Urban Economics,2009

5. A Note on the Generation of Random Normal Variables;Box;Annals of Mathematical Statistics,1958

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