| 摘要 | 第3-4页 |
| ABSTRACT | 第4页 |
| Chapter One:Introduetion | 第6-24页 |
| 1.1 Research Background | 第6-21页 |
| 1.1.1 U.S.Economy Fundamentals before and during Financial Crisis | 第6-8页 |
| 1.1.2 Definition and History of Quantitative Easing Policy | 第8-10页 |
| 1.1.3 Effectiveness of Quantitative Easing Policy | 第10-12页 |
| 1.1.4 Economy and Real Estate Market of China | 第12-15页 |
| 1.1.5 The China-U.S.Economic Relationship | 第15-21页 |
| 1.2 Research Significance and Research Innovation | 第21-24页 |
| 1.2.1 Research Significance | 第21-23页 |
| 1.2.2 Research Innovation | 第23-24页 |
| Chapter Two:Literature Review | 第24-36页 |
| 2.1 Literatures about Quantitative Easing Policy | 第24-26页 |
| 2.2 Literatures about Transmission Mechanism of Monetary Policy | 第26-27页 |
| 2.3 Literatures about Econometric Studies of Monetary Policy's Transmission | 第27-30页 |
| 2.4 Literatures about Quantitative Easing Policy's Transmission | 第30-31页 |
| 2.5 Chinese Literatures about Quantitative Easing Policy's Transmission | 第31-33页 |
| 2.6 Literatures about China's Real Estate Market | 第33-36页 |
| Chapter Three:Empirical Test | 第36-63页 |
| 3.1 Methodology | 第36-37页 |
| 3.2 Variable Selection | 第37-39页 |
| 3.2.1 Variables about U.S.Quantitative Easing | 第38页 |
| 3.2.2 Variables about China's Real Estate Market | 第38页 |
| 3.2.3 Intermediate Variables | 第38-39页 |
| 3.3 Data Specification | 第39-41页 |
| 3.4 The Empirical Test Process | 第41-63页 |
| 3.4.1 Stationarity Test | 第41-43页 |
| 3.4.2 Co-integration Regression Test | 第43-44页 |
| 3.4.3 VAR Test | 第44-49页 |
| 3.4.4 Granger Causality Test | 第49-54页 |
| 3.4.5 Impulse Response Analysis | 第54-59页 |
| 3.4.6 Variance Decomposition Analysis | 第59-63页 |
| Chapter Four:Conclusion and Policy Recommendation | 第63-66页 |
| 4.1 Conclusion | 第63-64页 |
| 4.2 Policy Recommendation | 第64-66页 |
| References | 第66-73页 |
