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This paper examines whether and how housing market prices affect entrepreneurship ac- tivities. To this end, we … empirically test the hypothetical collateral channel, exploiting a large-scale household-level survey from China. We find that a …
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People's Republic of China. Under the leasehold property right system, real estate development has two stages - first to …
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Hong Kong, China's housing market witnessed dramatic appreciations recently, with the price index for private domestic …, we find that changes in housing price index reinforce price trends in the long term. Hong Kong, China's dollar … quantitative easing, and the gross domestic product of the People's Republic of China (PRC) are positively related to housing …
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