Measuring real estate policy uncertainty in China
Referring to the newspaper textual analysis method by Baker et al. (2016), this study constructs a monthly Chinese Real Estate Policy Uncertainty (REPU) index from 2001 to 2018. The index increases significantly near the promulgation of major policies. We also conduct evaluation of the index with th...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
KeAi Communications Co. Ltd.
2023-03-01
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Series: | China Economic Quarterly International |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2666933123000035 |