What Happens To Marriage In China When Houses Become More Expensive Open Access

Qin, Zhuxiang (2014)

Permanent URL: https://etd.library.emory.edu/concern/etds/4x51hj69g?locale=en
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Abstract

This paper examines the empirical relationship between housing prices and marriage measured by level and percentage numbers of people getting married in the given year in China. Using OLS, TSLS and FD models, this paper discovers that OLS yields significant yet inconsistent results, while the results from TSLS models support the hypothesis proposed in this paper that an increase in housing prices in general deters people from getting married. Specifically, a 1% increase in housing prices causes about 3,168.23 fewer people getting married, and approximately 0.011 decrease of the percentage number change in the portion of newly married people to total population. This paper concludes by explaining the difficulties in analyzing the relationship between housing prices and marriage in China, and recognizes several directions needed for future improvement.

Table of Contents

Table of Content
I. Introduction
II. Literature Review
(1) Housing Market
(2) Marriage
(3) Combine The Two
III. Data Description
IV. Methodology
(1) OLS
(2) Instrumental Variable (TSLS)
(3) First Difference
V. Result and Analysis
(1) OLS
(2) Instrumental Variable
(3) First Difference
(4) Further Discussion
VI. Conclusion and Suggestions For Future Directions
VII. Reference
VIII. Figures and Tables

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