Title :
Asset Price and Inflation Rate in China: Empirical Research Based on VAR Model
Author_Institution :
Overseas Educ. Coll., Xiamen Univ., Xiamen, China
Abstract :
The thesis attempts to conduct empirical research into the relationship between asset price and inflation rate in China based on VAR model used monthly data spanning 1998 to 2008. Research findings reveal that the price of real estate and equities does closely link to inflation, which deserves more attention. In result, price of real estate and equities can be served as reference index when monetary policies are made by the central bank.
Keywords :
inflation (monetary); China inflation rate; VAR model; asset price; monetary policy; real estate price; Costs; Economic indicators; Educational institutions; Filters; Fluctuations; Interpolation; Marketing and sales; Power generation economics; Reactive power; Stock markets;
Conference_Titel :
Wireless Communications, Networking and Mobile Computing, 2009. WiCom '09. 5th International Conference on
Conference_Location :
Beijing
Print_ISBN :
978-1-4244-3692-7
Electronic_ISBN :
978-1-4244-3693-4
DOI :
10.1109/WICOM.2009.5305565
