IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-642-44916-1_20.html
   My bibliography  Save this book chapter

Impacts of China’s Monetary Policy on Development Investment of Different Uses Properties

In: Proceedings of the 18th International Symposium on Advancement of Construction Management and Real Estate

Author

Listed:
  • Yue Wang

    (Tsinghua University)

  • Hong Zhang

    (Beijing University of Civil Engineering and Architecture)

Abstract

Subdivide the real estate market according to properties of different uses. Based on the VAR model, use the impulse response function and variance decomposition methods to analyze the impact of China’s monetary policy on the development investment of residences, office buildings and business buildings. The conclusions are: (1) the positive impact of money supply on the development investment of residences, office buildings and business buildings is greater than the negative impact of interest; (2) the impact duration of monetary policy on the development investment of residences is shorter than that of office buildings and business buildings; (3) the impact strength of monetary policy on the development investment of residences is greater than that of office buildings and business buildings.

Suggested Citation

  • Yue Wang & Hong Zhang, 2014. "Impacts of China’s Monetary Policy on Development Investment of Different Uses Properties," Springer Books, in: Donglang Yang & Yanjun Qian (ed.), Proceedings of the 18th International Symposium on Advancement of Construction Management and Real Estate, edition 127, chapter 0, pages 197-205, Springer.
  • Handle: RePEc:spr:sprchp:978-3-642-44916-1_20
    DOI: 10.1007/978-3-642-44916-1_20
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-642-44916-1_20. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.