Feeling Rich, Feeling Poor: Housing Wealth Effects and Consumption in Europe
Language: en
Pages: 16
Authors: Mr. Serhan Cevik
Categories: Business & Economics
Type: BOOK - Published: 2023-12-08 - Publisher: International Monetary Fund

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Households across Europe are struggling with a double crisis—the worst inflation shock since the World War II and a sudden correction in house prices. There i
Analyzing the Effects of Financial and Housing Wealth on Consumption using Micro Data
Language: en
Pages: 32
Authors: Carlos Caceres
Categories: Business & Economics
Type: BOOK - Published: 2019-05-24 - Publisher: International Monetary Fund

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This paper analyzes the existence of “wealth effects” derived from net equity (in the form of housing, financial assets, and total net worth) on consumption
How Large is the Housing Wealth Effect?
Language: en
Pages: 36
Authors: Chris Carroll
Categories: Consumption (Economics)
Type: BOOK - Published: 2006 - Publisher:

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This paper presents a simple new method for estimating the size of 'wealth effects' on aggregate consumption. The method exploits the well-documented sluggishne
Wealth Effects Out of Financial and Housing Wealth
Language: en
Pages: 40
Authors: Eva Sierminska
Categories:
Type: BOOK - Published: 2009 - Publisher:

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To explore the link between household consumption and wealth, we use a new source of harmonized microdata (Luxembourg Wealth Study). We investigate whether ther
Housing Markets in Europe
Language: en
Pages: 0
Authors: Olivier de Bandt
Categories: Business & Economics
Type: BOOK - Published: 2014-10-10 - Publisher: Springer

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During the recession in the years 2008-2009, the most severe for mature economies in the post-war period, housing markets were often mentioned as having a speci