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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Bibliografische gegevens
Hoofdauteur: Bayoumi, Tamim
Andere auteurs: Zhao, Yunhui
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2020.
Reeks:IMF Working Papers; Working Paper ; No. 2020/265
Online toegang:Full text available on IMF