Date of Award

3-2013

Document Type

Masters Thesis

Degree Name

M.A.

Organizational Unit

College of Arts Humanities and Social Sciences, Economics

First Advisor

Markus Schneider

Keywords

China, Housing market

Abstract

There are plenty of arguments about the Chinese residential housing market bubble. Making improvement of the analyses Yu (2011), the present paper present a more reasonable “discount cash flow model” to detect the existence of the bubble in the residential house market from 1998 to 2010. The result indicated there are bubbles in the market. Bubbles we observed are mixes of the rational bubble and the irrational bubbles. Based on the empirical analysis, this paper proposes political implication to prevent the starting and expanding of bubbles.

Publication Statement

Copyright is held by the author. This work may only be accessed by members of the University of Denver community. The work is provided by permission of the author for individual research purposes only and may not be further copied or distributed. User is responsible for all copyright compliance.

Rights Holder

Yunyun Wu

Provenance

Received from author

File Format

application/pdf

Language

en

File Size

58 pgs

Discipline

Economics

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