An Empirical Study on the Impact of Real Estate Policies to the Stock Index of Real Estate in China
Based on the observations of the real estate stock index in China during the year of 2007 to 2008, our paper studies the effect of the representative real estate stock policies by hypothesis testing and concludes as following. First, the real estate stock market moves following the trend of the major stock market. Second, the real estate stock market is stimulated by the good news easily; it will take a long time to digest the bad news. Third, the effect of the policy depends on the status of the stock market. Fourth, the effect of single policy is limited while a series of the policy can make a significant impact.
Policy Real estate stock Hypothesis testing
Jiarong Gu Xuejun Xu Jianjun Yu
School of Business Administration South China University of Technology, Guangzhou, Guangdong, China
国际会议
香港·广州
英文
292-297
2010-07-25（万方平台首次上网日期，不代表论文的发表时间）