rogoff

China: Peak Housing – Rogoff, K. S.

This piece is a summary of recent NBER paper by Kenneth Rogoff and Yuanchen Yang arguing that Chinese housing market fits the characteristics of a bubble and forms a significant portion of Chinese GDP. The original paper could be found: And the PDF version of this summary could be downloaded: Real estate and its associatedContinue reading “China: Peak Housing – Rogoff, K. S.”