Published on: 2015-01-21
Oversupply slows down China’s real estate market, says David Cook to Deutsche Welle.
COOK, DavidCOOK, David, economics professor at the Hong Kong-based HKUST Institute for Emerging Market Studies, told Deutsche Welle that the main driving force behind China’s real estate market slowdown seems to be that there is more supply than demand on the market.COOK, David
PhD, University of Wisconsin-Madison
Professor, Department of Economics, HKUST
Tel (852) 2358 7614
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AREAS OF EXPERTISE
International Macroeconomics, Monetary Policy
David Cook is a Faculty Associate at the HKUST Institute for Emerging Market Studies and has been a member of the HKUST Department of Economics since 1996. His research focus has been on international macroeconomics. He has published research in the Journal of Monetary Economics, Journal of International Economics, and the Review of Economics and Statistics. He has worked as a visiting scholar at the IMF Institute and the Bank for International Settlements.
SELECTED PAPERS & PUBLICATIONS
- David Cook and Michael B. Devereux “Malaysian Capital Controls: Effectiveness and Side Effects,” Asian Economic Papers, 1(1), Winter 2002 Pages 49-82 .
- Woon Gyu Choi and David Cook, “Liability Dollarization and the Bank Balance Sheet Channel,” Journal of International Economics 64(2), December 2004
- David Cook ““Monetary Policy in Emerging Markets: Can Liability Dollarization Explain Contractionary Devaluations?” Journal of Monetary Economics. 51(6), September 2004, Pages 1155-1181.
- David Cook and Michael B. Devereux, “External Currency Pricing and the East Asian Crisis,” Journal of Interantional Economics,” Journal of International Economics. Volume 69, Issue 1, June 2006, Pages 37-63
- David Cook and Michael B. Devereux “Accounting for the East Asian Crisis: A Quantitative Model of Capital Outflows in Small Open Economies” Journal of Money, Credit, and Banking Volume 38, Number 3, April 2006
- Timothy Chue and David Cook, “Emerging Market Exchange Rate Exposure,” Journal of Banking and Finance., Elsevier, vol. 32(7), pages 1349-1362, July, 2008.
- Timothy Chue and David Cook, “Sudden Stops and Liability Dollarization: Evidence from Asia's Financial Intermediaries,” Pacific Basin Finance Journal. Elsevier, vol. 16(4), pages 436-452, September, 2008
- Woon Gyu Choi and David Cook, “Global and Regional Financial Accelerator Integration” in Devereux, M. Lane, P., Park, C-Y. and Wei, S., eds. The Dynamics of Asian Financial Integration: Facts and Analytics. Routledge, 2011.
- David Cook & James Yetman, 2012. "Expanding central bank balance sheets in emerging Asia: a compendium of risk and some evidence," BIS Papers chapters, in: Bank for International Settlements (ed.), Are central bank balance sheets in Asia too large?, volume 66, pages 30-75 Bank for International Settlements.
[Media Coverage] Oversupply slows down China’s real estate market, says David Cook to Deutsche Welle
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“The strongest decline appears to be in terms of property investment financed by down-payments from customers, thus suggesting that individual home owners and investors are probably reluctant to continue on the market,” Cook underlined.
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[Bio] David Cook
[IEMS Academic Seminar] Markets Over Mao by Nicolas LardyTags: china, real estate market, slowdown