People’s Republic of China—Hong Kong Special Administrative Region : Selected Issues

1HKGEA2006002 Image
Price:  $15.00

Release Date: © February, 2006
ISBN : 978-1-45181-694-5
Stock #: 1HKGEA2006002
English
Stock Status: On back-order

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Description

This Selected Issues paper for the People’s Republic of China—Hong Kong Special Administrative Region (SAR) reviews the residential property market and implications of an aging population. The fiscal sector impact of price fluctuations is important in Hong Kong SAR with land sales and stamp duties providing an important source of government revenue. The simulations are based on a dynamic general equilibrium system with forward-looking behavior and rational expectations. Hong Kong SAR’s revenue flows are characterized by relatively volatile nontax items.

Taxonomy

Capital markets , Economic policy , Financial institutions and markets , Population , Securities markets , Social policy




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