Housing and uncertainty in macroeconomics
Abstract/Contents
- Abstract
- In my dissertation, I study housing, uncertainty and their interaction in macroeco- nomics. In Chapter 2, my coauthor and I show that the complementarity between housing and marriage can have important implications on homeownership and marriage in the life cycle in the context of China. In Chapter 3, my coauthors and I show that policy uncertainty can induce substantial negatively impact on business investment, employment and productivity in the context of Brexit. In Chapter 4, my coauthors and I show that the introduction of a futures market can help developers and households hedge against future house price risks, expand construction, reduce house prices and the pass-through from risks into house prices, and improve households' welfare in the equilibrium.
Description
| Type of resource | text |
|---|---|
| Form | electronic resource; remote; computer; online resource |
| Extent | 1 online resource. |
| Place | California |
| Place | [Stanford, California] |
| Publisher | [Stanford University] |
| Copyright date | 2020; ©2020 |
| Publication date | 2020; 2020 |
| Issuance | monographic |
| Language | English |
Creators/Contributors
| Author | Chen, Sijia |
|---|---|
| Degree supervisor | Schneider, Martin |
| Thesis advisor | Schneider, Martin |
| Thesis advisor | Bloom, Nick, 1973- |
| Thesis advisor | Piazzesi, Monika |
| Degree committee member | Bloom, Nick, 1973- |
| Degree committee member | Piazzesi, Monika |
| Associated with | Stanford University, Department of Economics |
Subjects
| Genre | Theses |
|---|---|
| Genre | Text |
Bibliographic information
| Statement of responsibility | Sijia Chen. |
|---|---|
| Note | Submitted to the Department of Economics. |
| Thesis | Thesis Ph.D. Stanford University 2020. |
| Location | electronic resource |
Access conditions
- Copyright
- © 2020 by Sijia Chen
- License
- This work is licensed under a Creative Commons Attribution Non Commercial 3.0 Unported license (CC BY-NC).
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