When people watch their property rise in value, the wealth effect kicks in quickly. 物业升值所导致的财富效应来得很快。
In this article, Granger causality test and co-integration test are employed to analyze the wealth effect of the real estate market in China. 摘要本文应用格兰杰因果关系检验和协整分析方法，对我国房地产市场的财富效应作了实证分析。
