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...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Global Social Science Institute
2019
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Subjects: | |
Online Access: | View Fulltext in Publisher |