| Abstract | 第5页 |
| 中文摘要 | 第6-7页 |
| 1. Introduction | 第7-19页 |
| 1.1 Issues Raised | 第7-11页 |
| 1.1.1 The Overview of China's Housing Guarantee System and Existing Problems | 第7-9页 |
| 1.1.2 Reasons behind the Problems in China's Housing Guarantee System | 第9-10页 |
| 1.1.3 The Purpose of the Research | 第10-11页 |
| 1.2 Literature Review | 第11-18页 |
| 1.2.1 Domestic Literature Review | 第11-13页 |
| 1.2.2 Abroad Literature Review | 第13-17页 |
| 1.2.3 The Defects in the Previous Literature | 第17-18页 |
| 1.3 The Structure of the Paper | 第18-19页 |
| 2. The Stage-by-Stage Analysis of U.S. Housing Guarantee System | 第19-29页 |
| 2.1 The Housing Construction Subsidy and the Institutionalization of Housing Mortgage System (1930s-1970s) | 第19-21页 |
| 2.2 The Subsidy to Buyers and the Era of Securitization (1970s-2007) | 第21-25页 |
| 2.3 The Subprime Mortgage Crisis and Underlying Reasons (2007-Present) | 第25-29页 |
| 3. The Housing Filtering Model | 第29-39页 |
| 3.1 The Housing Filtering Theory | 第29-34页 |
| 3.1.1 The Concept of Housing Filtering | 第29-30页 |
| 3.1.2 The Development of Housing Filtering Theory | 第30-34页 |
| 3.2 The Assumptions and Applicable Conditions of Housing Filtering Model | 第34页 |
| 3.3 The Implication of Housing Filtering Model to Public housing Policy | 第34-39页 |
| 3.3.1 The Efficiency Analysis of Supply-Side Path | 第36-37页 |
| 3.3.2 The Efficiency Analysis of Demand-Side Path | 第37-39页 |
| 4. Suggestions to the Development of Housing Guarantee System in China | 第39-54页 |
| 4.1 Cities with small volume of stock houses and low development level of secondary housing market- solving the financing problem of suppliers by learning from the first phase policy of U.S | 第40-43页 |
| 4.2 Cities with large volume of stock houses and high development level of secondary housing market- solving the financing problem of consumers by learning from the demand-side policy of U.S | 第43-49页 |
| 4.2.1 The efficiency and original purpose of Provident Fund should be improved and maintained | 第45-46页 |
| 4.2.2 Establish the state-owned and national-wide housing mortgage loan guarantee institution | 第46-47页 |
| 4.2.3 Securitization should be promoted steadily | 第47-49页 |
| 4.3 Cities with large volume of stock houses and low development level of secondary housing market- promote the development of secondary housing market | 第49-54页 |
| 4.3.1 Regulating and developing real estate intermediaries | 第50-51页 |
| 4.3.2 The tax leverage can be better used to guide the secondary housing market | 第51-52页 |
| 4.3.3 The housing finance system should be perfected to be more supportive to the development of secondary housing market through favorable policies and innovative instruments | 第52-54页 |
| 5. Conclusion | 第54-55页 |
| Notes | 第55-57页 |
| References | 第57-59页 |
| Appendix | 第59-63页 |
| A: The Second-hand Residential Price Index of 70 large and medium-sized Chinese cities | 第59-60页 |
| B: The Residential Rental Price Index of 70 large and medium-sized Chinese cities | 第60-63页 |
| 后记 | 第63-64页 |
