DocumentCode
2615035
Title
Empirical study of the correlation between real estate prices and bank loans based on VAR model
Author
Tan, Zheng ; Qin, Zheng
Author_Institution
Sch. of Inf. Manage. & Eng., Shanghai Univ. of Finance & Econ., Shanghai, China
fYear
2011
fDate
27-29 June 2011
Firstpage
2212
Lastpage
2217
Abstract
This paper theoretically analyzes the relationship between Chinese real estate prices and bank loans, then based on quarterly data of the Chinese calendar year, conducts empirical test on the interaction through the vector auto-regression model (VAR), and gives the quantitative description about the relationship through co-integration test, as well as the contribution rate of one party to another through impulse response function and variance decomposition. At last according to the results of empirical analysis, we give the policy suggestions and comments.
Keywords
banking; pricing; property market; regression analysis; transient response; Chinese calendar year; Chinese real estate price; VAR model; bank loan; cointegration test; impulse response function; variance decomposition; vector autoregression model; Analytical models; Economic indicators; Fluctuations; Mathematical model; Reactive power; Time series analysis; VAR; bank loans; co-integration test; real estate prices; variance decomposition;
fLanguage
English
Publisher
ieee
Conference_Titel
Computer Science and Service System (CSSS), 2011 International Conference on
Conference_Location
Nanjing
Print_ISBN
978-1-4244-9762-1
Type
conf
DOI
10.1109/CSSS.2011.5974398
Filename
5974398
Link To Document