【主讲】袁宇菲 助教授 (厦门大学)

【主题】House Price Bubbles in China

【时间】2011年12月23日 (周五) 15：30-17：00

【地点】best365中国官方网站楼801室

【语言】英文

【摘要】In this paper, we apply the theory of rational expectation bubbles to the Chinese housing market. Rational expectation bubbles imply that negative returns on house prices are, theoretically, less likely to occur if the bubbles exist and persist. Based on data from 35 cities in China, we find no evidence to support the existence of bubbles in the housing market.