Household Sector Debt, the Real Estate Market and the Quality of Economic Development

DOI

10.2991/aebmr.k.220603.181How to use a DOI?

Keywords

household debt; Housing Loans; Quality of Economic Development

Abstract

Based on the dynamic general equilibrium theory, this paper introduces the total factor productivity model to construct the correlation between household debt, real estate market and quality of economic development. It shows that when the quality of economic growth increases to a certain extent, it will increase the consumption level of the household sector, the output level of manufacturers and the housing value of the real estate market, and even will reduce the debt scale of the household sector, but the macroeconomic fluctuations will be magnified.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - Ning Sun
PY  - 2022
DA  - 2022/07/01
TI  - Household Sector Debt, the Real Estate Market and the Quality of Economic Development
BT  - Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)
PB  - Atlantis Press
SP  - 1121
EP  - 1126
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220603.181
DO  - 10.2991/aebmr.k.220603.181
ID  - Sun2022
ER  -