A Dynamic Model of Housing Wealth Effect:Based on the Diversity of Wealth Expectations

被引:0
|
作者
Danxiao JIAO [1 ]
Di WU [1 ]
Xiuting LI [1 ]
Jichang DONG [1 ]
Desheng Dash WU [2 ]
机构
[1] School of Management, University of Chinese Academy of Sciences
[2] Risklab, University of
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D O I
暂无
中图分类号
F293.3 [房地产经济];
学科分类号
1201 ; 020205 ;
摘要
Considering the dynamics and diversity of wealth expectations, this paper follows and extends Hall's consumption function to establish a new dynamic model of housing wealth effect. People are classified into the rich group and the poor group and a housing wealth effect model is made for each group to explore the relationship between housing wealth effect and social inequality. We get three interesting conclusions which are helpful for further empirical test apart from the former deviation or fallacy.
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页码:47 / 53
页数:7
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