SOE
Chow Institute
User Center
中
EN
About WISE
People
Committee of Academic Consultants
Faculty Directory
Staff Directory
Research
Publications
Working Papers
Facilities&Centers
Education
Overview
Undergraduate Programs
Graduate Programs
Study-Abroad MA Programs
Exchange Programs
Executive Education
News & Events
News
Announcements
Conferences
Seminars & Conferences
Job Openings
SOE
Chow Institute
User Center
中
EN
About WISE
Introduction to WISE
Contact Us
Map and Direction
People
Committee of Academic Consultants
Faculty Directory
Staff Directory
Research
Publications
Working Papers
Facilities&Centers
Education
Overview
Undergraduate Programs
Graduate Programs
Study-Abroad MA Programs
Exchange Programs
Executive Education
News & Events
News
Announcements
Conferences
Seminars & Conferences
Job Openings
Research
Home
->
Research
->
Working Papers
->
Content
Research
Publications
Working Papers
Facilities&Centers
Finance & Economics Experimental Lab
MOE Key Lab in Econometrics
Fujian Provincial Key Lab in Statistics
Center for Econometrics Research
Center for Financial Research
Center for Research in Labor Economics
Center for Macroeconomics Research
Center for Statistics Research
Center for Information Technology
SAS Center for Excellence in Econometrics
High-Speed Computing Cluster
House Price Bubbles in China
Id：2032
Date：20131014
Status：published
ClickTimes：
作者
Yu Ren, Yufei Yuan, Cong Xiong
正文
In this paper, we apply the theory of rational expectation bubbles to the Chinese house market. Rational expectation bubbles imply that negative returns on house prices are, theoretically, less likely to occur if the bubbles exist and persist. Based on the data of 29 cities in China, we find no evidence to support the existence of bubbles in the housing market.
JEL-Codes：
R31; E31
关键词：
China house price; rational expectation bubble; hazard rate
TOP
