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- W2357781986 abstract "International hot money refers to a rapid flow of the short-term speculative funds which pursue the maximum profit in international financial market.The massive influx of international hot money may initiate massive price increase of capital asset,leading to speculative bubbles.In recent years,due to the continuous appreciation of RMB and other reasons,the inflow of hot money has a surprising amount to do with the false prosperity in our country.According to the VAR model,it is found that the inflow of hot money has considerable impact on housing prices in the first-tier and second-tier cities despite some differences in impact,which disagrees to some extent with earlier study results from some domestic scholars.Finally,some policy recommendations are given based on the conclusion of empirical research." @default.
- W2357781986 created "2016-06-24" @default.
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- W2357781986 date "2012-01-01" @default.
- W2357781986 modified "2023-09-23" @default.
- W2357781986 title "The Inflow of Hot Money and Differences of its Impact on the Housing Price Indexes in China's First-tier and Second-tier Cities" @default.
- W2357781986 hasPublicationYear "2012" @default.
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