Home|Journal Papers|About CNKI|User Service|FAQ|Contact Us|中文
Full-Text Search：
《On Economic Problems》 2007-11
Add to Favorite Get Latest Update

Credit Expanding,Asset Price Bubble Theory and Empirical Analysis in China

WEN Bin(Guangdong University of Business Studies,Guangzhou 510320,China)  
Asset price bubble come from credit expanding which its action mechanism is borrower risk transfer behavior.By empirical analyzing Chinese real estate industry.This paper discover that credit expanding lead to real estate price rising,existing Granger causality.So the merchant bank will face the liquidity risk and irrationality structure in the long run.
【Key Words】： credit-expanding bubble real estate
【CateGory Index】： F832.4;F293.3;F224
【DOI】： CNKI:SUN:JJWT.0.2007-11-007
Download(CAJ format) Download(PDF format)
CAJViewer7.0 supports all the CNKI file formats; AdobeReader only supports the PDF format.
【References】
Chinese Journal Full-text Database 2 Hits
1 WU Jing-mei~1,WANG Tao~1,MIN Su-qin~2 (1.Renmin University of China,Beijing 100872,China; 2.Communication University of China,Beijing 100024,China);Literatures on Credit Expansion and Financial Safety[J];Journal of Capital University of Economics and Business;2010-01
2 WU Jing-mei and WANG Tao (Renmin University of China, Beijing100872,China);Financial Security Research Review Based on Credit Expansion[J];China Business and Market;2010-02
【Citations】
Chinese Journal Full-text Database 2 Hits
1 YI Xianrong (Institute of Finance and Banking, CASS,100732);The Overheated Estate Market and the Pre-warning System[J];Finance & Trade Economics;2005-05
2 PI Shun(School of Economic and Management, Tsinghua University, Beijing 100084,China);Granger Causality Analysis to the Relationship between Real Estate Market and Finance Market in China[J];Systems Engineering-theory & Practice;2004-12
【Co-citations】
Chinese Journal Full-text Database 10 Hits
1 WANG Feng LI Yu-jia (Shenzhen Real Estate Research Center,Shenzhen 518034);Real Estate and Finance Stability against the Background of China′s Economic Growth[J];Finance and Trade Research;2008-05
2 MAO Yong,YU Xinmin,YIN Baobing;Research on China's Real Estate Market Bubble and the Pre-control Mechanism[J];Urban Studies;2009-02
3 XU Li-hong (Business and Trade Department,Fujian Vocational College of Information Technology, Fuzhou 350001, China);Squeezing Our Country's Present Real Estate Bubbles by Means of the Monetary Policy[J];Journal of Fujian Institute of Education;2006-07
4 HUANG Wei-qiang,ZHUANG Xin-tian(Faculty of Business Administration,Northeastern University,Shenyang 110004,China);The Linkage Analysis between the Bourse and Inter-bank National Debt Indices of China[J];Systems Engineering;2006-07
5 SHI Lu-ming,LUO Hai-mei(School of Economics,Guizhou College of Finance and Economics,Guiyang,Guizhou 550004,China);Characteristics of Housing Market Price Determination in China[J];Journal of Guizhou College of Finance and Economics;2009-04
6 BA Shu-song1,2,QIN Chuan-tao1,ZHU Yuan-qian1(1.School of Management,University of Science and Technology of China,Hefei 230026,China;2.Research Institute of Finance,Development Research Center of the State Council,Beijing 100010,China);Interaction between China Real Estate and Stock Market[J];Systems Engineering;2009-09
7 DONG Zhi-yong 1,GUAN Hao 1,MING Yan 2(1.School of Economics,Peking University,Beijing 100871,China;2.School of Policy and Law,Capital Normal University,Beijing 100089,China);Factor Analysis on China's Real Estate Price: An Empirical Research of Panel Data[J];Journal of China University of Geosciences(Social Sciences Edition);2010-02
8 ZHENG Min-hua(Industry and Commercial College of Wuhan University of Science and Engineering;Wuhan Hubei 430077 China);The Warning of US Subprime Lending Crisis to China's House Credit[J];Journal of Hubei College of Finance and Economics;2008-03
9 DUAN Jun-shan,SU Guo-qiang;Banks' Risks and their Crisis Myopia and Malfeasance[J];Journal of Hebei University of Economics and Trade;2006-06
10 Yi Xianrong Huang Yuan;On Chinese House Pre-sell System[J];Jianghai Academic Journal;2007-02
【Co-references】
Chinese Journal Full-text Database 10 Hits
1 TANG Jianwe LI Mingyang SHI Zhiyu (Institute of Industrial Economics,Chinese Academy of Social Sciences,100836.);Asset Prices VolatiIity and Banking System Stability[J];Finance & Trade Economics;2006-12
2 ZHAO Xijun(School of Finance of Renmin University of China,100872)WANG Shengbang(International Department of China Banking Regulatory Commission,100800);Impacts of Capital Regulation on Credit Growth of Commercial Banks:The Empirical Study on Chinese Banking Sector Between 1995 and 2003[J];Finance & Trade Economics;2007-07
3 WANG Shuguang(School of Economics, Peking University, 100871);State Domination and Local Rent Inspiration; Analysis on Inner Motive Factors of the Expansion of Informal Finance[J];Finance & Trade Economics;2008-01
4 Xiang Weixing Li Hongjin Bai Dafan;Bank Loans' Over-expansion and the Real Estate Bubble:Lessons from U.S.,Japan and East Asia[J];Studies of International Finance;2007-03
5 GUI He-fa ZOU Peng-fei YAN Wu;A Study of the Dynamic Relationship Between Bank Credit and Stock Price[J];Finance Forum;2008-11
6 LU Guo-qiang(School of Economics,Shenzhen University;Shenzhen 518060,China);Research on the Supervision and Legislation of Offshore Finance of Our Country[J];Economic Survey;2008-01
7 SHI Jin-chuan,YE Min (School of Economics,Zhejiang University,Hangzhou 310028,China);FINANCIAL ARRANGEMENTS UNDER THE CIRCUMSTANCES OF INSTITUTIONAL DISTORTION:THE CASE OF WENZHOU[J];Economic Theory and Business Management;2001-01
8 ;资产价格泡沫与信用扩张[J];Journal of Finance;2005-03
9 ;金融稳定与货币稳定关系论[J];Journal of Finance;2005-05
10 Jiang Shuxia Luo Jie Huang Junci;Credit Concentration and Expanding, the Competition of Soft Budget Constraint and Systematic Risk of Bank's Credit[J];Journal of Financial Research;2006-04
【Secondary Citations】
Chinese Journal Full-text Database 1 Hits
1 Shen Yue and Liu Hongyu (Real Estate Institute,Tsinghua University);Housing Prices and Economic Fundamentals: A Cross City Analysis of China for 1995—2002[J];Economic Research Journal;2004-06
©2006 Tsinghua Tongfang Knowledge Network Technology Co., Ltd.(Beijing)(TTKN) All rights reserved