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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Bibliographic Details
Main Authors: CAO, Jerry X., HUANG, Bihong, LAI, Rose Neng
Format: text
Language:English
Published: 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