Housing and Household Wealth Inequality: Evidence from the People’s Republic of China

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	Housing and Household Wealth Inequality: Evidence from the People’s Republic of China
	[unavailable]
	2017-02-20
出版年	2017
语种	英语
国家	国际
领域	气候变化
英文摘要	Housing value appreciation contributes to widening wealth inequality in the People's Republic of China. We examine the issue of the widening wealth inequality in the People’s Republic of China (PRC) from the perspective of housing. Using China Household Finance Survey (CHFS) data from 2011, we find that the PRC’s wealth inequality including housing is much larger than income inequality. Housing value appreciation, in particular, contributes to wealth inequality by allowing households to enjoy equity market premium through investing more in equity markets and taking a higher position in risky assets. WORKING PAPER NO: 671
URL	查看原文
来源平台	Asian Development Bank
文献类型	科技报告
条目标识符	http://119.78.100.173/C666/handle/2XK7JSWQ/233860
专题	气候变化
推荐引用方式 GB/T 7714	[unavailable]. Housing and Household Wealth Inequality: Evidence from the People’s Republic of China,2017.