Nonlinear dependence between stock and real estate markets in China

doi:10.1016/j.econlet.2014.05.035

CORC > 上海财经大学 > 上海财经大学

	Nonlinear dependence between stock and real estate markets in China
	Ding, Haoyuan 1; Chong, Terence Tai-Leung 2,3,4; Park, Sung Y.5
刊名	ECONOMICS LETTERS
	2014-09
卷号	124 期号:3 页码:526-529
关键词	Property return Stock return Causality Quantile regression
ISSN号	0165-1765
DOI	10.1016/j.econlet.2014.05.035
英文摘要	The causality between the real estate and stock markets of China remains a mystery in the literature. This paper investigates the non-linear causal relationship between real estate property and stock returns in China from the perspective of conditional quantiles. The results of the quantile causality test suggest a significant causal relationship between these two markets, especially in the tail quantile. (C) 2014 Published by Elsevier B.V.
WOS研究方向	Business & Economics
语种	英语
出版者	ELSEVIER SCIENCE SA
WOS记录号	WOS:000343022000051
内容类型	期刊论文
源URL	[http://10.2.47.112/handle/2XS4QKH4/1701]
专题	上海财经大学
通讯作者	Chong, Terence Tai-Leung
作者单位	1.Shanghai Univ Finance & Econ, Sch Int Business Adm, Shanghai, Peoples R China; 2.Chinese Univ Hong Kong, Dept Econ, Hong Kong, Hong Kong, Peoples R China; 3.Chinese Univ Hong Kong, Inst Global Econ & Finance, Hong Kong, Hong Kong, Peoples R China; 4.Nanjing Univ, Dept Int Econ & Trade, Nanjing 210008, Jiangsu, Peoples R China; 5.Chung Ang Univ, Sch Econ, Seoul 156756, South Korea
推荐引用方式 GB/T 7714	Ding, Haoyuan,Chong, Terence Tai-Leung,Park, Sung Y.. Nonlinear dependence between stock and real estate markets in China[J]. ECONOMICS LETTERS,2014,124(3):526-529.
APA	Ding, Haoyuan,Chong, Terence Tai-Leung,&Park, Sung Y..(2014).Nonlinear dependence between stock and real estate markets in China.ECONOMICS LETTERS,124(3),526-529.
MLA	Ding, Haoyuan,et al."Nonlinear dependence between stock and real estate markets in China".ECONOMICS LETTERS 124.3(2014):526-529.