9ÔÂ12ÈÕ£¬Î°Òײ©Í·ÄÔÁ¦·ÖÏí»á¡¶×ÊÔ´Éø©£¬·¿¼ÛÓëסÃñÏûºÄ£ºÀ´×ÔÏÞ¹ºÍâÒçµÄÖ¤¾Ý¡·ÔÚΰÒײ©ÖÎÀíѧԺ2ºÅÂ¥¾ÙÐС£Ö÷½²ÈËÕÅÓî½ÌÊÚ»ùÓÚΰÒײ©Í·ÄÔÁ¦µÚ¶þÆÚÁ¢Ïî¿ÎÌ⡶ÏûºÄ²»Ò»ÂÉÓë¾¼ÃÉú³¤¡·£¬¾ÍµØÇø·¿²úÏÞ¹ºÕþ²ßµÄÍⲿºÍºê¹ÛÓ°ÏìÕâÒ»»°Ìâ¾ÙÐÐÁË·ÖÏí¡£»áÉÏ£¬ÕÅÓî½ÌÊÚÓë²Î»áÏÈÉúÃÇÖصãÌÖÂÛÁËÒ»Ï߶¼»áºâÓîÏÞ¹ºÕþ²ßÔõÑùÓ°ÏìÆäÖܱ߶¼»á·¿¼Û£¬½ø¶øͨ¹ý²Æ²úЧӦӰÏìСÎÒ˽¼ÒÆû³µÏûºÄ¡£Ê¹ÓÃ2016Äê9ÔÂÖÁ2017Äê2ÔÂÒÔ¼°2017Äê3ÔÂÖÁ6ÔµÄÏÞ¹ºÕþ²ß£¬ÍŽ᷿¼ÛÓëסÃñÆû³µÏûºÄÊý¾Ý£¬ÔËÓÃË«Öزî·ÖµÄ¼ÆÁ¿ÒªÁ죬·¢Ã÷·¿¼ÛÏÞ¹ºÕþ²ß±£´æÒç³öЧӦ£¬ÏÞÖÆ·¿¼Û»áʹµÃÖܱ߶¼»á·¿¼ÛºÍ³É½»Á¿ÉÏÉý¡£Óɴ˵óö£¬·¿¼ÛÉÏÉý»áʹÊÊÍâµØסÃñ£¬ÓÈÆäÊÇÓжàÌ×סլµÄסÃñ²Æ²úÔöÌí£¬´Ì¼¤Æä¶ÔÆû³µµÄÏûºÄ¡£
ÕÅÓîÏÖÈÎΰÒײ©ÖÎÀíѧԺ½ðÈÚϵÖúÀí½ÌÊÚ£¬ÓÚÆÕÁÖ˹¶Ù´óѧ»ñµÃ¾¼Ãѧ²©Ê¿Ñ§Î»¡£ËûµÄѧÊõÐËȤ°üÀ¨ºê¹Û½ðÈÚ¡¢×ʲú¶¨¼Û¡¢·¿µØ²ú¡¢¼ÒÍ¥½ðÈÚºÍÇ®±ÒÕþ²ßÑо¿¡£
ΰÒײ©Í·ÄÔÁ¦·ÖÏí»áÊÇ»ùÓÚΰÒײ©Í·ÄÔÁ¦¿ÎÌâÑо¿¿ªÕ¹µÄ°´ÆÚ±ÕÃÅ×êÑУ¬¾Û½¹¾¼ÃºÍÉç»áÉú³¤ÃæÁÙµÄÈÈÃÅ¡¢ÄѵãÎÊÌ⣬ÔÚ½»Á÷ºÍÅöײÖдÙÉú¸ü¶àµÄÔ´´ÐÔ֪ʶ£¬Îª¾¼ÃºÍÉç»áµÄÉú³¤Ð¢Ë³ÖªÊ¶ºÍÍ·ÄÔµÄʵÁ¦¡£
¸½¼þ£ºCapital Leakage, House Prices, and Consumer Spending: Evidence from Asset Purchase Restriction Spillover