| dc.contributor | 財政系 | |
| dc.creator (作者) | 黃智聰 | |
| dc.creator (作者) | Huang, Jr-Tsung | |
| dc.creator (作者) | Su, Zhifang | |
| dc.creator (作者) | Lin, Arthur Jin | |
| dc.date (日期) | 2021-08 | |
| dc.date.accessioned | 12-Jan-2022 11:00:20 (UTC+8) | - |
| dc.date.available | 12-Jan-2022 11:00:20 (UTC+8) | - |
| dc.date.issued (上傳時間) | 12-Jan-2022 11:00:20 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/138769 | - |
| dc.description.abstract (摘要) | This study aims at investigating the roles of house price expectations and mortgages in urban dwellers` subjective well-being (SWB) in China. Using 3,717 urban householder respondents collected in the 2011 China Household Finance Survey and categorizing the sample into three subsamples: homeowners without and with a home loan, and nonhomeowners, the ordered logit models of the ordinal-dependent variable SWB with and without considering the endogeneity problem are estimated using these three subsamples separately. The primary finding is that house price expectations have a negative influence on the likelihood of having a better SWB only for homeowners without a home loan. However, more houses can mitigate this negative influence. For homeowners with a home loan, mortgages have a negative impact on the likelihood of having a better SWB. Finally, the Beijing sample based on the 2017 data also supports the influences of house price expectations and mortgages on SWB. | |
| dc.format.extent | 2682538 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.relation (關聯) | Journal of Consumer Affairs, 55(4), 1540-1562 | |
| dc.subject (關鍵詞) | house price expectations;ordered logit model;subjective well-being | |
| dc.title (題名) | House Price Expectations, Mortgages, and Subjective Well‐being in Urban China | |
| dc.type (資料類型) | article | |
| dc.identifier.doi (DOI) | 10.1111/joca.12334 | |
| dc.doi.uri (DOI) | https://doi.org/10.1111/joca.12334 | |
