Liquidity‐driven credit expansion
How the people’s bank of China’s bond purchases stabilize Chinese housing prices
Bibliographic Data
| ID | 17817818 |
|---|---|
| Authors | Xiaoyu Ling (Anhui University of Finance and Economics), Zhihui Yang (0000-0001-9796-556X) |
| Year | 2026 |
| Volume | 43 |
| Issue | 2 |
| Pages | 605-634 |
| Publication date | 2026-05-07 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economia Politica (JOURNAL) |
| Journal identifiers | ISSN: 1973-820X • E-ISSN: 1120-2890 |
| Publisher | Springer Science+Business Media (PUBLISHER • DE) |
| DOI | 10.1007/s40888-026-00403-7 |
| OpenAlex | W7160529077 |
| Language | EN |
| References cited | 38 |
Bond · Bond valuation · Dynamic stochastic general equilibrium · Loan · Market liquidity · Monetary policy · Banking stability, regulation, efficiency · Housing Market and Economics · Monetary Policy and Economic Impact
Staggered prices in a utility-maximizing framework
A model of unconventional monetary policy
House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle
Fiscal self‐sufficiency, debt policy, and long‐term sustainability in China's emerging local bond market
The Time-Varying Effect of Monetary Policy on Asset Prices
The effect of monetary policy on China’s housing prices before and after 2017
| Citation velocity | historical |
|---|---|
| Highly cited | No |