Land-price dynamics and macroeconomic fluctuations

DOI10.3982/ECTA8994zbMATH Open1274.91322OpenAlexW3121966537MaRDI QIDQ2857585FDOQ2857585

Authors Zheng Liu, Tao Zha, Pengfei Wang 

Publication date 4 November 2013

Published in Econometrica (Search for Journal in Brave)

Full work available at URL https://doi.org/10.3982/ecta8994

zbMATH Keywords

co-movementsland pricescollateral channelcompeting demand for landreallocation channel

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Consumer behavior, demand theory (91B42)

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Cited In (31)

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• CHINA'S HOUSING BUBBLE, INFRASTRUCTURE INVESTMENT, AND ECONOMIC GROWTH
• Flight to housing in China
• Endogenous credit standards and aggregate fluctuations
• Growth, innovation, credit constraints, and stock price bubbles
• Estimating dynamic equilibrium models using mixed frequency macro and financial data
• Asset-market sentiments and business cycle fluctuations
• Dynamic analysis of the game between land supply and housing prices
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