Yuan, Nannan; Hamori, Shigeyuki; Chen, Wang - Faculty of Economics, Kobe University - 2014
Several studies have focused on the relationship between stock and house prices, but they reached contradictory conclusions. This paper contributes to the literature by analyzing the effects of stock prices on house prices with panel data of 28 regions in China for the 2003:Q1 to 2012:Q4 period....