Open Access. Powered by Scholars. Published by Universities.®
Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 3 of 3
Full-Text Articles in Social and Behavioral Sciences
Essays On The Housing Market In China And Some Evidence On Inflation Targeting, Yanchao Li
Essays On The Housing Market In China And Some Evidence On Inflation Targeting, Yanchao Li
All Dissertations
The housing market in China enjoys great prosperity after a continuously rapid development for more than a decade. However, there are growing concerns about possible bubbles as the price continues to rise while ordinary workers cannot afford a house. The government of China has implemented different kinds of regulations to slow rapid price increases and stabilize the market since 2007. The first paper looks at the characteristics and determinants of housing prices in different tiers of cities in China over the period 2002–2017, and then the second paper examines the impact of different types of regulations on the real estate …
The Depressing Of China's Economy: The Effect Of Rural---Urban Educational Inequality And Absence Of Land Market, Huayong Zhou
The Depressing Of China's Economy: The Effect Of Rural---Urban Educational Inequality And Absence Of Land Market, Huayong Zhou
All Dissertations
This paper argues that too many workers were placed in traditional agricultural sector in China's economy after 1978. I investigate two factors which hindered the labor mobility from agricultural and non-agricultural sector: (1) human capital dierence between rural and urban workers brought by China's urban oriented public educational policy; (2) absence of land property rights and a well functioning land market. I incorporate those two frictions into a two-sector dynamic macro model. I calibrate the model and show that it provides a good fit for the evolution of GDP per-capita and employment share in agriculture in the Chinese economy. I …
Population Growth And Planned Birth Policy, Yigang Zhang
Population Growth And Planned Birth Policy, Yigang Zhang
All Dissertations
China's planned birth policy is based on 'population pessimism', which states population growth affects the income level negatively, though the role of population growth in cross-country growth regressions is ambiguous. There are 'population pessimism', 'population optimism', and 'population neutralism'. Also, a new concept 'demographic dividend' was raised in recent years, which states a rise in the rate of economic growth can be induced because of a rising share of working age people in a population while still holding 'population neutralism'. The planned birth policy results in a decreasing fertility rate, which slows down the population growth and changes the age …