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• W2369480416 abstract "Theoretically,housing price can affect household consumption through wealth effect,liquidity constraint effect or substitution effect Based on the survey data of Shanghai urban households,this paper makes an empirical analysis and finds recent increase of housing price in Shanghai has positively influenced the household average consumption propensity through wealth effect and substitution effect for the households with and without self - owned houses respectively.Based on the empirical study results,we suggest the government to develop high quality public rental houses so as to encourage household consumption and improve people's happiness in a practical and effective way." @default.
• W2369480416 created "2016-06-24" @default.
• W2369480416 creator A5020423647 @default.
• W2369480416 date "2013-01-01" @default.
• W2369480416 modified "2023-09-27" @default.
• W2369480416 title "The Impact of Increase in Housing Price on Urban Household Average Consumption Propensity:A Study Based on Household Survey Data in Shanghai" @default.
• W2369480416 hasPublicationYear "2013" @default.
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