TY - JOUR AU - Barro, R. J. PY - 1991 DA - 1991// TI - Economic growth in a cross section of countries JO - The Quarterly Journal of Economics VL - 106 UR - https://doi.org/10.2307/2937943 DO - 10.2307/2937943 ID - Barro1991 ER - TY - JOUR AU - Benhabib, J. AU - Spiegel, M. M. PY - 1994 DA - 1994// TI - The role of human capital in economic development evidence from aggregate cross-country data JO - Journal of Monetary Economics VL - 34 UR - https://doi.org/10.1016/0304-3932(94)90047-7 DO - 10.1016/0304-3932(94)90047-7 ID - Benhabib1994 ER - TY - BOOK AU - Bernanke, B. S. PY - 2013 DA - 2013// TI - The Federal Reserve and the financial crisis PB - Princeton University Press CY - Princeton UR - https://doi.org/10.1515/9781400847167 DO - 10.1515/9781400847167 ID - Bernanke2013 ER - TY - JOUR AU - Burnside, C. AU - Eichenbaum, M. AU - Rebelo, S. PY - 2016 DA - 2016// TI - Understanding booms and busts in housing markets JO - Journal of Political Economy VL - 124 UR - https://doi.org/10.1086/686732 DO - 10.1086/686732 ID - Burnside2016 ER - TY - CHAP AU - Campbell, J. R. AU - Evans, C. L. AU - Fisher, J. D. AU - Justiniano, A. AU - Calomiris, C. W. AU - Woodford, M. PY - 2012 DA - 2012// TI - Macroeconomic effects of Federal Reserve forward guidance BT - Brookings papers on economic activity ID - Campbell2012 ER - TY - STD TI - Cao, J., Goh, J., Jiang, F., & Yu, Y. (2014). Corporate real estate collateral and innovation. Asian Finance Association (AsianFA) 2014 conference paper. ID - ref6 ER - TY - STD TI - Cao, J., Huang, B., & Lai, R. (2015). On the effectiveness of housing purchase restriction policy in China: a difference in difference approach. In Research collection Lee Kong Chian School of Business, (pp. 1–46). ID - ref7 ER - TY - JOUR AU - Chaney, T. AU - Sraer, D. AU - Thesmar, D. PY - 2012 DA - 2012// TI - The collateral channel: how real estate shocks affect corporate investment JO - American Economic Review VL - 102 UR - https://doi.org/10.1257/aer.102.6.2381 DO - 10.1257/aer.102.6.2381 ID - Chaney2012 ER - TY - STD TI - Chen, J., & Wang, S. (2013). Thinking of China’s economic de-“real-estate” under the background of industrial upgrading. Macroeconomics, 10, 125–129. ID - ref9 ER - TY - STD TI - Chen, T., Liu, L., Xiong, W., & Zhou, L. (2016). The speculation channel and crowding out channel: real estate shocks and corporate investment in China. Beijing: Peking University Working Paper. ID - ref10 ER - TY - STD TI - Deng, B., Li, Z., & Zhang, H. (2014). Does the house purchase quota policy have the regulation effect on housing prices? Statistical Research, 31(11), 50–57. ID - ref11 ER - TY - JOUR AU - Du, Z. AU - Zhang, L. PY - 2015 DA - 2015// TI - Home-purchase restriction, property tax and housing price in China: a counterfactual analysis JO - Journal of Econometrics VL - 188 UR - https://doi.org/10.1016/j.jeconom.2015.03.018 DO - 10.1016/j.jeconom.2015.03.018 ID - Du2015 ER - TY - JOUR AU - Gan, J. PY - 2007 DA - 2007// TI - Collateral, debt capacity, and corporate investment: evidence from a natural experiment JO - Journal of Financial Economics VL - 85 UR - https://doi.org/10.1016/j.jfineco.2006.06.007 DO - 10.1016/j.jfineco.2006.06.007 ID - Gan2007 ER - TY - STD TI - Han, L., & Zhao, H. (2011). The nonlinear relationship of speculative demand, rigid demand and real estate prices rise: based on the empirical study of spatial econometrics model. Journal of Industrial Technological Economics, 30(10), 119–125. ID - ref14 ER - TY - STD TI - Hu, N., Wang, X., Sun, L., & Jin, Q. (2019). Can the housing purchase restriction policy promote the enterprises to “shift from the fictitious economy to the real economy”? A research based on the DID design. Nankai Business Review, 22(4), 20–31. ID - ref15 ER - TY - JOUR AU - Krugman, P. R. PY - 1998 DA - 1998// TI - It’s back: Japan’s slump and the return of the liquidity trap JO - Brookings Papers on Economic Activity VL - 29 UR - https://doi.org/10.2307/2534694 DO - 10.2307/2534694 ID - Krugman1998 ER - TY - STD TI - Kuang, W. (2010). Expectation, speculation and urban housing price volatility in China. Economic Research Journal, 45(9), 68–79. ID - ref17 ER - TY - STD TI - Kuang, W., Li, T., & Xiao, J. (2020). Housing prices and household savings: evidence from urban China. Economic and Political Studies, 8(1), 96–114. ID - ref18 ER - TY - JOUR AU - Liu, J. D. AU - Guan, X. H. PY - 2019 DA - 2019// TI - Does VAT deduction drive enterprises from real to virtual? From the perspective of investment structure JO - Journal of Finance and Economics VL - 45 ID - Liu2019 ER - TY - STD TI - Liu, J., Zhang, B., & Huang, Z. (2012). Purchase restriction policy and the dynamic change of house price. Economic Perspectives, 3, 49–56. ID - ref20 ER - TY - STD TI - Liu, L. (2008). Does overseas “hot-money” inflow drives the house price or stock market rise? Evidence from the Chinese market. Journal of Financial Research, 10, 52–74. ID - ref21 ER - TY - STD TI - Luo, Z., & Zhang, C. (2015). Credit expansion, real estate investment and the efficiency of resource allocation in industry. Journal of Financial Research, 421(7), 64–79. ID - ref22 ER - TY - CHAP AU - Mao, Y. PY - 2017 DA - 2017// TI - Managing innovation: the role of collateral BT - Kelley School of Business Research Paper ID - Mao2017 ER - TY - STD TI - Meng, Q., Gong, X., & Lin, K. (2018). Does “the restriction of real estate investment” facilitate technology innovation? Evidence from a quasi-natural experiment of central state-owned enterprises. Journal of Finance and Economics, 44(9), 96–109. ID - ref24 ER - TY - JOUR AU - Miao, J. AU - Wang, P. PY - 2014 DA - 2014// TI - Sectoral bubbles, misallocation, and endogenous growth JO - Journal of Mathematical Economics VL - 53 UR - https://doi.org/10.1016/j.jmateco.2013.12.003 DO - 10.1016/j.jmateco.2013.12.003 ID - Miao2014 ER - TY - JOUR AU - Morris, S. AU - Shin, H. S. PY - 2002 DA - 2002// TI - Social value of public information JO - American Economic Review VL - 92 UR - https://doi.org/10.1257/000282802762024610 DO - 10.1257/000282802762024610 ID - Morris2002 ER - TY - CHAP AU - Morris, S. AU - Shin, H. S. PY - 2008 DA - 2008// TI - Coordinating expectations in monetary policy BT - Central Banks as Economic Institutions ID - Morris2008 ER - TY - STD TI - Quan, X. F., & Yin, H. Y. (2017). Chinese short selling mechanism and corporate innovation: a natural experiment from Chinese margin trading program. Management World, (1), 128–144. ID - ref28 ER - TY - STD TI - Rong, Z., & Wang, W. (2014). Housing boom and firm’s entry to real estate: evidence from listed non-real estate firms in China. Journal of Financial Research, 406(4), 162–177. ID - ref29 ER - TY - STD TI - Rong, Z., Wang, W., & Gong, Q. (2016). Housing price appreciation, investment opportunity, and firm innovation: evidence from China. Journal of Housing Economics, 33, 34–58. ID - ref30 ER - TY - JOUR AU - Ruiz, I. AU - Vargas-Silva, C. PY - 2016 DA - 2016// TI - The impacts of fiscal policy shocks on the US housing market JO - Empirical Economics VL - 50 UR - https://doi.org/10.1007/s00181-015-0961-8 DO - 10.1007/s00181-015-0961-8 ID - Ruiz2016 ER - TY - JOUR AU - Shah, C. AU - Ghonasgi, N. PY - 2016 DA - 2016// TI - Determinants and forecast of price level in India: a VAR framework JO - Journal of Quantitative Economics VL - 14 UR - https://doi.org/10.1007/s40953-015-0019-y DO - 10.1007/s40953-015-0019-y ID - Shah2016 ER - TY - STD TI - Shi, J., Wang, Y., & Wu, W. (2016). The crowding-out effect of real estate markets on corporate innovation: evidence from China. Asian Finance Association (AsianFA) 2016 Conference. ID - ref33 ER - TY - STD TI - Tomura, H. (2010). International capital flows and expectation-driven boom–bust cycles in the housing market. Journal of Economic Dynamics and Control, 34(10), 1993–2009. ID - ref34 ER - TY - STD TI - Wang, J., & Zhu, J. (2018). Can labor protection promote the high-educated employee’s innovation? Management World, 34(3), 139–152,166,184. ID - ref35 ER - TY - JOUR AU - Wang, L. P. PY - 2013 DA - 2013// TI - An empirical study on the influencing factors of “conservatism” of real estate price in China JO - Management World VL - 10 ID - Wang2013 ER - TY - JOUR AU - Wang, M. AU - Huang, Y. PY - 2013 DA - 2013// TI - The effect of home purchase restriction and property tax on housing price: based on long-term dynamic equilibrium analysis JO - The Journal of World Economy VL - 36 ID - Wang2013 ER - TY - JOUR AU - Wang, Y. AU - Zhao, J. PY - 2015 DA - 2015// TI - Hedge funds and corporate innovation JO - Financial Management VL - 44 UR - https://doi.org/10.1111/fima.12059 DO - 10.1111/fima.12059 ID - Wang2015 ER - TY - JOUR AU - Wu, J. AU - Gyourko, J. AU - Deng, Y. PY - 2012 DA - 2012// TI - Evaluating conditions in major Chinese housing markets JO - Regional Science and Urban Economics VL - 42 UR - https://doi.org/10.1016/j.regsciurbeco.2011.03.003 DO - 10.1016/j.regsciurbeco.2011.03.003 ID - Wu2012 ER - TY - STD TI - Yu, Y., & Zhang, S. (2017). Urban housing prices, purchase restriction policy and technological innovation. China Industrial Economics, 6, 100–118. ID - ref40 ER - TY - STD TI - Zhang, H., Yuan, X., Chen, Z., & Guo, H. (2011). An empirical analysis of the impact of investment demand on housing prices in China. Soft Science, 25(3), 24–30. ID - ref41 ER - TY - JOUR AU - Zhang, J. AU - Yang, L. X. AU - Xin, F. PY - 2016 DA - 2016// TI - Does real estate impede innovation in China? An explanation based on the loan term structure in the financial system JO - Management World VL - 5 ID - Zhang2016 ER - TY - STD TI - Zhang, S., Hou, C., & Chen, J. (2019). Homeownership, city integration, and the sense of happiness of migrants in urban China. Frontiers of Business Research in China, 13(1), 1–20. ID - ref43 ER - TY - STD TI - Zhou, L., Zhao, Y., & Li, L. (2013). Resource misallocation and political cycles. Journal of Financial Research, 3, 15–29. ID - ref44 ER -