| Autor: |
Shi-kun Zhang |
| Rok vydání: |
2020 |
| Předmět: |
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| Zdroj: |
DEStech Transactions on Social Science, Education and Human Science. |
| ISSN: |
2475-0042 |
| DOI: |
10.12783/dtssehs/ecemi2020/34697 |
| Popis: |
This Paper analyzes the impact of monetary policy on the real estate market prices based on data from 2001 to 2014 by using the VAR model. The results show that there is a significant relationship between the money supply and the real estate price. And an increase in the money supply will cause the real estate prices to rise in the long run. But the negative relationship between loan interest rate and real estate price is not statistically significant. The central bank may adjust the trend of real estate prices through the change of money supply in the long run. |
| Databáze: |
OpenAIRE |
| Externí odkaz: |
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