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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP16146 |
DP16146 Capital Inflows and Property Prices: Ethnicity, Education, and Spillovers | |
Yuk Ying Chang; Sudipto Dasgupta | |
发表日期 | 2021-05-12 |
出版年 | 2021 |
语种 | 英语 |
摘要 | China has experienced significant capital flight over the last two decades. Despite anecdotal evidence that some of this capital has been invested in foreign residential markets, not much is known from academic research about its destination and impact. We examine the effects of capital inflows from China on residential property prices and the real economy in the U.S. and global metropolitan areas. We show that inflows had significant effects on residential property markets and employment in regions that (a) have strong ethnic ties to China and (b) are destinations of Chinese students. We document spillover effects to other regions. |
主题 | Financial Economics |
关键词 | Capital flight Housing prices Employment Deposits Ethnic ties Educational links Spillovers |
URL | https://cepr.org/publications/dp16146 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545119 |
推荐引用方式 GB/T 7714 | Yuk Ying Chang,Sudipto Dasgupta. DP16146 Capital Inflows and Property Prices: Ethnicity, Education, and Spillovers. 2021. |
条目包含的文件 | 条目无相关文件。 |
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