论文题目:Endogenous Time-Varying Uncertainty and Housing Market Dynamics

主 讲 人:朱传奇(中山大学岭南学院 助理教授)

时      间:2017年6月5日(周一)7:30 PM

地      点:岭南堂林植宣会议室

 

摘要:

We proposes a dynamic stochastic general equilibrium(DSGE)model with a housing sector, in which the key is the interaction of information and news shocks. Information flows fluctuate between two regimes with different precision levels  for signals regarding future economic fundamentals and housing markets. A change in precision level will introduce time-varying  uncertainty into household's expectation about housing market, therefore, affect the housing market dynamics.