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- W2386616586 abstract "Through empirical analysis on the issues of interest rate,money supply and the real estate investment,this research has drew following conclusions: In the long run,there is a stable positive cointegrated relationship among interest rate,money supply and the ratio of real estate investment and gross fixed assets investment.Money supply has somewhat effect on the real estate investment,but the effectiveness is limited.It is need to emphasize that the absurdity of interest rate and the ratio of real estate investment tell us: interest rate is NOT the effective instrument of controlling the real estate investment.In the short run,interest rate and money supply have the same influence on the real estate investment,but it is also not remarkable.So,the two main instruments of macro-monetary policy-interest rate and money supply can NOT be used as the main methods of controlling the real estate investment.It should depend on other ways to control the real estate investment effectively." @default.
- W2386616586 created "2016-06-24" @default.
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- W2386616586 date "2005-01-01" @default.
- W2386616586 modified "2023-09-25" @default.
- W2386616586 title "The Effect of Interest Rate and Money Supply Impose on Real Estate Investment:in China An Empirical Analysis" @default.
- W2386616586 hasPublicationYear "2005" @default.
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