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Effects of Monetary Policy on Housing Price Based on ANOVA and VRA Model

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Multidisciplinary Social Networks Research (MISNC 2015)

Part of the book series: Communications in Computer and Information Science ((CCIS,volume 540))

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Abstract

The transmission mechanism of monetary policy is the medium to connect monetary factors and real economy. The impact of the policy can lead to various variables change in the process of economic. In recent years, the research on monetary policy to the transmission mechanism of real estate price has become a hot issue. The monetary policy as a regulation of the Chinese real estate price basic tools. So research and design the mechanism of money supply and interest rate level play an important role in economic. How to make the monetary policy can not only make the consumption and investment stability, but also makes the real estate bubble has decreased. Ultimately achieve the healthy and stable economic growth target .And becomes the focus of policy making. This paper will first use the ANOVA to examine the interaction between money supply and interest rates. Finally, using the VAR model to calculate the weight of each factor.

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Author information

Authors and Affiliations

  1. The Institute of Innovative Information Industry, Fuqing Branch of Fujian Normal University, Fuzhou, China

    Lin Xu & Lu-Xiong Xu

  2. The School of Ecomomic, Fujian Normal University, Fuzhou, China

    Lin Xu

  3. Network Center, Fuqing Branch of Fujian Normal University, Fuzhou, China

    Chao-Fan Xie

  4. The School of Mathematics and Computer Science, Fujian Normal University, Fuzhou, China

    Lu-Xiong Xu

Authors
  1. Lin Xu
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  2. Chao-Fan Xie
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  3. Lu-Xiong Xu
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Corresponding author

Correspondence to Lin Xu .

Editor information

Editors and Affiliations

  1. National University of Kaohsiung, Kaohsiung City, Taiwan

    Leon Wang

  2. Matsuyama University, Matsuyama, Japan

    Shiro Uesugi

  3. National University of Kaohsiung, Kaohsiung City, Taiwan

    I-Hsien Ting

  4. Osaka University, Osaka, Japan

    Koji Okuhara

  5. National University of Kaohsiung, Kaohsiung City, Taiwan

    Kai Wang

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© 2015 Springer-Verlag Berlin Heidelberg

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Xu, L., Xie, CF., Xu, LX. (2015). Effects of Monetary Policy on Housing Price Based on ANOVA and VRA Model. In: Wang, L., Uesugi, S., Ting, IH., Okuhara, K., Wang, K. (eds) Multidisciplinary Social Networks Research. MISNC 2015. Communications in Computer and Information Science, vol 540. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-48319-0_47

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  • DOI: https://doi.org/10.1007/978-3-662-48319-0_47

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  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-662-48318-3

  • Online ISBN: 978-3-662-48319-0

  • eBook Packages: Computer ScienceComputer Science (R0)

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