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Liquidity‐driven credit expansion

How the people’s bank of China’s bond purchases stabilize Chinese housing prices

Bibliographic Data

ID17817818
AuthorsXiaoyu Ling (Anhui University of Finance and Economics), Zhihui Yang (0000-0001-9796-556X)
Year2026
Volume43
Issue2
Pages605-634
Publication date2026-05-07
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEconomia Politica (JOURNAL)
Journal identifiersISSN: 1973-820X • E-ISSN: 1120-2890
PublisherSpringer Science+Business Media (PUBLISHER • DE)
DOI10.1007/s40888-026-00403-7
OpenAlexW7160529077
LanguageEN
References cited38

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

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  • A model of unconventional monetary policy

    Open Access•Mark Gertler, Peter Karadi•Journal of Monetary Economics•2011

  • House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle

    Matteo Iacoviello•American Economic Review•2005

  • Fiscal self‐sufficiency, debt policy, and long‐term sustainability in China's emerging local bond market

    Open Access•Yu Shi, Qing Li et al.•Public Administration and…•2023

  • The Time-Varying Effect of Monetary Policy on Asset Prices

    Pascal Paul•The Review of Economics and…•2020

  • The effect of monetary policy on China’s housing prices before and after 2017

    Open Access•Zhengxun Tan, Qianqian Tang et al.•Land Use Policy•2022

Citation velocityhistorical
Highly citedNo

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