The mutual influence between RMB exchange rate and real estate prices

Xianglong Feng

doi:10.47297/wspdecWSP2515-797306.20220602

PDF
Export
Share
Collection
Album

The mutual influence between RMB exchange rate and real estate prices

Volume 6, Issue 2

Views: 0 Downloads: 4

The mutual influence between RMB exchange rate and real estate prices
The mutual influence between RMB exchange rate and real estate prices
College of Plant Science, Jilin University, Changchun ,Jilin, 130015,R.R.China
Vol. 6, Issue 2, Pages: 51-56(2022)
Published： 30 December 2022 ，
DOI：10.47297/wspdecWSP2515-797306.20220602
Accepted：

Scan QR Code

Feng Xianglong.The mutual influence between RMB exchange rate and real estate prices[J].Development Economics of China,2022,06(02):51-56.
DOI：

Feng Xianglong.The mutual influence between RMB exchange rate and real estate prices[J].Development Economics of China,2022,06(02):51-56. DOI： 10.47297/wspdecWSP2515-797306.20220602.

摘要

Abstract

This paper firstly integrates and summarizes domestic and foreign literatures on the mutual influence of exchange rate and house price

then analyzes various factors affecting exchange rate and house price from a theoretical basis

and initially finds out the interaction channel between the two

and then analyzes the two factors. The linkage relationship between the two is analyzed empirically

and the VAR model is used to explore the relationship between the two through the role of the broad money supply

and then the relevant conclusions are drawn. Finally

based on the research results of this paper

combined with the reality of our country

policy recommendations are put forward.

关键词

Keywords

Real estate pricesVAR model

references

Benson E D,Hansen J L.(1997). The Influence of Canadian Investment on U.S. Residential Property Values.Journal of Real Estate Research, (13):231-250.

Kim,So Young, Doo Y Yang.(2011). The Impact of Capital Inflows on Asset Prices in Emerging Asian Economies: Is too much Money Chasing Too Little Good?. Open Economies Review, (22):293-315.

Yanfen Huang, Xiaoshuang Wang. (2016).Research on the impact of RMB exchange rate changes on my country's real estate prices. Price Theory and Practice (05): 23-29.

Lanwei Jiang. (2018).Research on the impact of RMB exchange rate changes on my country's real estate prices. Fujian Finance, (08): 36-43.

Huilian Zhang.(2017). Research on the relationship between RMB exchange rate, asset prices and foreign exchange reserves. Economics, (6):108-116.

Jiaping Zhang. (2008).An empirical study on the correlation between real estate prices and exchange rate changes. Construction Economics, (10): 35-37.

Jian Lv. (2007).An Empirical Analysis of RMB Exchange Rate Changes on Domestic Price Pass-Through. International Finance Research, (8): 53-61.

Chen Ding, Meizeng Tu. (2008). Impact of house price fluctuations on money supply and demand under the endogenous monetary system. Economic Theory and Economic Management, (1): 43-49.

Alert me when the article has been cited

Submit

Research on China's Short-term Cross-border Capital Flows under the Impact of US Economic Policy Uncertainty

Related Author

Jiaxuan Li Sichuan University

Related Institution

Sichuan University

⁰