People’s Republic of China—Hong Kong Special Administrative Region Selected Issues

This Selected Issues paper for the People’s Republic of China—Hong Kong Special Administrative Region (SAR) reviews the residential property market and implications of an aging population. The fiscal sector impact of price fluctuations is important in Hong Kong SAR with land sales and stamp duties p...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2006
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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300 |a 49 pages 
651 4 |a Hong Kong Special Administrative Region, People's Republic of China 
653 |a Population & demography 
653 |a Institutional Investors 
653 |a Stock exchanges 
653 |a Income 
653 |a Economics of the Handicapped 
653 |a Real Estate 
653 |a Stocks 
653 |a Pension Funds 
653 |a Finance 
653 |a Non-labor Market Discrimination 
653 |a Financial institutions 
653 |a Personal income 
653 |a Financial Instruments 
653 |a Nonagricultural and Nonresidential Real Estate Markets 
653 |a Housing 
653 |a General Financial Markets: General (includes Measurement and Data) 
653 |a Economics of the Elderly 
653 |a Aging 
653 |a Personal Income, Wealth, and Their Distributions 
653 |a National accounts 
653 |a Population aging 
653 |a Population and demographics 
653 |a Derivative securities 
653 |a Property & real estate 
653 |a Non-bank Financial Institutions 
653 |a Financial markets 
653 |a Demography 
653 |a Stock markets 
653 |a Investments: Stocks 
653 |a Prices 
653 |a Macroeconomics 
653 |a Investment & securities 
653 |a Finance: General 
653 |a Land prices 
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520 |a This Selected Issues paper for the People’s Republic of China—Hong Kong Special Administrative Region (SAR) reviews the residential property market and implications of an aging population. The fiscal sector impact of price fluctuations is important in Hong Kong SAR with land sales and stamp duties providing an important source of government revenue. The simulations are based on a dynamic general equilibrium system with forward-looking behavior and rational expectations. Hong Kong SAR’s revenue flows are characterized by relatively volatile nontax items