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A Tale of Two Countries – The Real Estate Crises in 1990s Japan and Contemporary China

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NBER2026-04-01 更新2026-04-18 收录
下载链接:
https://www.nber.org/papers/w35054
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Real estate has long been central to Chinas growth model, yet since 2018 its contribution has declined sharply, turning the sector from a key engine of expansion into a major drag on economic activity. While policy tightening might have triggered the downturn, it reflects deeper structural
提供机构:
美国国家经济研究局
创建时间:
2026-04-01
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