2015-05-02

Research Papers on China

An old one from 2011: Anger is More Influential Than Joy: Sentiment Correlation in Weibo. The source of the most anger was "Japanese team," no doubt the Japanese soccer team.

Two new ones:
TRENDS AND CYCLES IN CHINA’S MACROECONOMY

Demystifying the Chinese Housing Boom. The conclusion of this paper is that the risk of a housing crash is limited by rising incomes. Except for a few cases, home prices did not grow substantially faster than income in recent years.

Some interesting charts in the latter.

Single ladies in the cities:

Land finance share of revenues:

Home price index (PI) versus two measures of income. Rising wages would have kept prices rising in the third-tier had there not been massive overbuilding.

No comments:

Post a Comment