Has the Effect of Housing Wealth on Household Consumption Been Overestimated? New Evidences on Magnitude and Allocation
Language: en
Pages: 27
Authors: Linna Zhu
Categories:
Type: BOOK - Published: 2019 - Publisher:

GET EBOOK

The effect of housing wealth on household consumption is puzzling as existing empirical results do not match with theoretical predictions. Existing theories - l
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

GET EBOOK

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
Housing Wealth and Consumption Growth
Language: en
Pages: 44
Authors: Jie Gan
Categories:
Type: BOOK - Published: 2007 - Publisher:

GET EBOOK

This paper uses a large panel dataset that tracks the housing wealth and spending behavior of 12,793 individuals in Hong Kong to study how housing wealth affect
Essays on the Household-level Effects of House Price Growth
Language: en
Pages: 334
Authors: Claudia Ayanna Sitgraves
Categories:
Type: BOOK - Published: 2009 - Publisher:

GET EBOOK

This dissertation explores the effects of fluctuations in housing values on household saving and investment decisions. Chapter 1 examines the relationship betwe
How Large is the Housing Wealth Effect?
Language: en
Pages: 36
Authors: Chris Carroll
Categories: Consumption (Economics)
Type: BOOK - Published: 2006 - Publisher:

GET EBOOK

This paper presents a simple new method for estimating the size of 'wealth effects' on aggregate consumption. The method exploits the well-documented sluggishne