On the effectiveness of housing purchase restriction policy in China: A difference in difference approach
The Chinese government imposed the purchase restriction policy to rein in the housing bubble in 2010. Using a two-stage difference-in-difference approach and a comprehensive dataset covering the real estate markets across 70 cities, we find that the policy triggered substantial decline in the proper...
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Main Authors: | , , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2015
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Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/6451 https://ink.library.smu.edu.sg/context/lkcsb_research/article/7450/viewcontent/SSRN_id2584275.pdf |
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Institution: | Singapore Management University |
Language: | English |