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
About this Honors Thesis
Rights statement
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