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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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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