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Housing Property Rights, Collateral, and Entrepreneurship : Evidence from China

Fan, Gang-Zhi - 2019

This paper provides new evidence on the impact of the housing collateral lending channel on entrepreneurial activities by allowing homeowners to access property equity and invest in new businesses. We exploit dual housing property rights forms in China as an instrument, where complete access to...

Persistent link: https://www.econbiz.de/10012868689