Incomplete Financial Markets and the Booming Housing Sector in China /

Housing is by far the most important asset in Chinese households' balance sheets. However, despite forceful and frequent government interventions, the rise in Chinese housing prices has not been contained as much as intended, a trend that has not been reversed by the COVID-19 shock. In this pap...

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Autor principal: Bayoumi, Tamim
Altres autors: Zhao, Yunhui
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2020.
Col·lecció:IMF Working Papers; Working Paper ; No. 2020/265
Accés en línia:Full text available on IMF