Time is money: How landbanking constrains housing supply
نویسندگان
چکیده
منابع مشابه
Housing demand or money supply? A new Keynesian dynamic stochastic general equilibrium model on China¬タルs housing market fluctuations
There is a bitter controversy over what drives the housing price in China in the existing literature. In this paper, we investigate the underlying driving force behind housing price fluctuations in China, especially focusing on the role of housing demand shock with that of money supply shock in explaining housing price movements, by a new Keynesian dynamic stochastic general equilibrium model. ...
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ژورنال
عنوان ژورنال: Journal of Housing Economics
سال: 2020
ISSN: 1051-1377
DOI: 10.1016/j.jhe.2020.101708