The paper firstly constructs a theoretical speculation model for China real estate. Then we investigate the relationships between real estate price and speculative behavior with data from 14 cities.
本文首先构建了适合中国的房地产投机理论模型，然后利用该模型对中国14个城市房地产价格波动与投机行为的关系进行实证研究。
The paper explains the mechanics of speculative attacks by analyzing the behavior of participants of forward foreign exchange market, which is tested by the experience of Baht.
通过分析货币危机中远期外汇市场参与者——投机者、商业银行和中央银行的行为 ，阐明投机性冲击的一般机制 ，并以泰铢汇率变动经验进行验证 ，进而提出对策建议。
The paper explains the mechanics of speculative attacks by analyzing the behavior of participants of forward foreign exchange market, which is tested by the experience of Baht.
通过分析货币危机中远期外汇市场参与者——投机者、商业银行和中央银行的行为 ，阐明投机性冲击的一般机制 ，并以泰铢汇率变动经验进行验证 ，进而提出对策建议。
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