Qianqian Tang's research while affiliated with Hunan Normal University and other places

Publications (2)

Article
There is an anomaly of “the more regulation, the more rise” in China’s housing market before 2017. However, the anomaly seems to have reversed since 2017. To analyze the mechanism that leads to this transition, we construct a Dynamic Stochastic General Equilibrium (DSGE) model, including the public expectations about monetary policies. Before 2017,...

Citations

... That is, the asset-liability ratio shall not exceed 70%, the net gearing ratio (liability to owner's equity) should not exceed 100%, and the cash to short term debt ratio shall be greater than one after excluding the prepaid receivables. Tan et al. (2022) mentioned the anomaly of " the more regulation, the more rise", which is a common sense agreed by China's domestic housing market researchers before 2017, these strictest policy issued in 2018 and 2020 show the central government and banks' determinations to regulate the housing market and completely changed the public the unlimited housing increasing expectations. ...