Matches in SemOpenAlex for { <https://semopenalex.org/work/W3167044327> ?p ?o ?g. }
Showing items 1 to 73 of
73
with 100 items per page.
- W3167044327 abstract "This paper establishes a dynamic stochastic general equilibrium model with second moment shocks and sticky housing price, and compares the heterogeneous macro effects of exogenous uncertainty shocks on housing market dynamics in China from frequency-dependent perspectives. We focus on three types of demand shocks, namely total demand shock, housing preference shock and credit constraint shock. Heterogeneity between the housing and consumption goods sectors is considered to generate different degrees of stickiness in pricing numeric goods and housing. Generally, it is found that housing price dynamics are sensitive to the market setting and housing price stickiness; omitting the price stickiness in the housing market will underestimate the market response to uncertainty shocks, especially in the post-crisis period. Regarding the impact channel of housing price dynamics, it is found that the uncertainties of total demand and preference shocks are important in affecting housing demand, and the impacts of credit constraint shock are important in affecting the mortgage demand. Using wavelet decomposition on both the time and frequency domains, it is found that the macro effects of the above uncertainty shocks present frequency domain dependence and function differently in housing markets with different levels of friction." @default.
- W3167044327 created "2021-06-22" @default.
- W3167044327 creator A5082162741 @default.
- W3167044327 date "2020-10-20" @default.
- W3167044327 modified "2023-09-26" @default.
- W3167044327 title "Demand Shocks, Price Stickiness and Frequency-Dependent Heterogeneity in Housing Market Dynamics" @default.
- W3167044327 hasPublicationYear "2020" @default.
- W3167044327 type Work @default.
- W3167044327 sameAs 3167044327 @default.
- W3167044327 citedByCount "0" @default.
- W3167044327 crossrefType "posted-content" @default.
- W3167044327 hasAuthorship W3167044327A5082162741 @default.
- W3167044327 hasConcept C120330832 @default.
- W3167044327 hasConcept C126285488 @default.
- W3167044327 hasConcept C126322002 @default.
- W3167044327 hasConcept C127413603 @default.
- W3167044327 hasConcept C144024400 @default.
- W3167044327 hasConcept C149782125 @default.
- W3167044327 hasConcept C150566966 @default.
- W3167044327 hasConcept C162324750 @default.
- W3167044327 hasConcept C175444787 @default.
- W3167044327 hasConcept C2776036281 @default.
- W3167044327 hasConcept C2781300812 @default.
- W3167044327 hasConcept C30772137 @default.
- W3167044327 hasConcept C36289849 @default.
- W3167044327 hasConcept C489367 @default.
- W3167044327 hasConcept C556758197 @default.
- W3167044327 hasConcept C71924100 @default.
- W3167044327 hasConcept C78519656 @default.
- W3167044327 hasConceptScore W3167044327C120330832 @default.
- W3167044327 hasConceptScore W3167044327C126285488 @default.
- W3167044327 hasConceptScore W3167044327C126322002 @default.
- W3167044327 hasConceptScore W3167044327C127413603 @default.
- W3167044327 hasConceptScore W3167044327C144024400 @default.
- W3167044327 hasConceptScore W3167044327C149782125 @default.
- W3167044327 hasConceptScore W3167044327C150566966 @default.
- W3167044327 hasConceptScore W3167044327C162324750 @default.
- W3167044327 hasConceptScore W3167044327C175444787 @default.
- W3167044327 hasConceptScore W3167044327C2776036281 @default.
- W3167044327 hasConceptScore W3167044327C2781300812 @default.
- W3167044327 hasConceptScore W3167044327C30772137 @default.
- W3167044327 hasConceptScore W3167044327C36289849 @default.
- W3167044327 hasConceptScore W3167044327C489367 @default.
- W3167044327 hasConceptScore W3167044327C556758197 @default.
- W3167044327 hasConceptScore W3167044327C71924100 @default.
- W3167044327 hasConceptScore W3167044327C78519656 @default.
- W3167044327 hasLocation W31670443271 @default.
- W3167044327 hasOpenAccess W3167044327 @default.
- W3167044327 hasPrimaryLocation W31670443271 @default.
- W3167044327 hasRelatedWork W1566595253 @default.
- W3167044327 hasRelatedWork W1731507784 @default.
- W3167044327 hasRelatedWork W1813822103 @default.
- W3167044327 hasRelatedWork W1972601373 @default.
- W3167044327 hasRelatedWork W2070424497 @default.
- W3167044327 hasRelatedWork W2114789796 @default.
- W3167044327 hasRelatedWork W2130968699 @default.
- W3167044327 hasRelatedWork W2138926570 @default.
- W3167044327 hasRelatedWork W2157231604 @default.
- W3167044327 hasRelatedWork W2470899650 @default.
- W3167044327 hasRelatedWork W2506069412 @default.
- W3167044327 hasRelatedWork W2972408645 @default.
- W3167044327 hasRelatedWork W3007542903 @default.
- W3167044327 hasRelatedWork W3121245686 @default.
- W3167044327 hasRelatedWork W3123202890 @default.
- W3167044327 hasRelatedWork W3123393919 @default.
- W3167044327 hasRelatedWork W3141389749 @default.
- W3167044327 hasRelatedWork W3213462676 @default.
- W3167044327 hasRelatedWork W2891404260 @default.
- W3167044327 hasRelatedWork W3124500217 @default.
- W3167044327 isParatext "false" @default.
- W3167044327 isRetracted "false" @default.
- W3167044327 magId "3167044327" @default.
- W3167044327 workType "article" @default.