Wealth Effects on Household Final Consumption: Stock and Housing Market Channels
The study primarily explores the linkage between wealth effects, arising from stock and housing market channels, and household final consumption for 11 advanced countries over the period from 1970 Q1 to 2015 Q4. As a modelling strategy, we employ regression analysis through the common correlated eff...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2018-06-01
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Series: | International Journal of Financial Studies |
Subjects: | |
Online Access: | http://www.mdpi.com/2227-7072/6/2/57 |