Property prices: How effective is a property-purchasing limitation policy for managing affordability?

In recent years, China has uniquely implemented various policies to control housing prices, particularly its property-purchasing limitation policy. This research proposes a vector autoregression (VAR) model with likelihood-ratio (LR) tests to examine the effects of such a policy on housing prices at...

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Bibliographic Details
Main Authors: An, H. (Author), Gupta, R. (Author), Zhang, Y. (Author), Zou, Q. (Author)
Format: Article
Language:English
Published: Global Social Science Institute 2019
Subjects:
Online Access:View Fulltext in Publisher