论文部分内容阅读
通过建立蛛网模型分析经济变动对具有后向预期性质的房地产市场的价格波动的影响.其中,市场需求函数采用简单使用者成本模型,而供给函数则以存量-流量模型为基础.通过建立一组n阶延滞差分方程来分析一类异质后向预期房价波动模型的性质,例如均衡或振荡,收敛或偏离等.结果显示需求弹性小于供给弹性并不是形成振荡的必要条件.房价的波动会随着异质后向预期假设以及其他内生因素的不同而产生本质不同的变化.
The cobweb model was used to analyze the effect of economic changes on the price volatility of the real estate market with backward-looking nature, in which the market demand function was based on the simple user cost model and the supply function was based on the stock-flow model. n-order delay difference equations to analyze the properties of a class of heterogeneous backward expected house price volatility models, such as equilibrium or oscillation, convergence or deviation, etc. The results show that the demand elasticity is less than the supply elasticity is not necessary for the formation of oscillation. After being heterogeneous, there are essentially different changes to the expected assumptions and other endogenous factors.