Consumption, housing and financial wealth, asset returns, and monetary policy

This work analyzes the linkages between consumption, housing and financial wealth, asset returns, and monetary policy. In Chapter I, I show, from the consumer's budget constraint, that the residuals of the trend relationship among consumption, financial wealth, housing wealth and labor income,...

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Bibliographic Details
Main Author: Sousa, Ricardo Jorge Magalhaes de Abreu Santos
Published: London School of Economics and Political Science (University of London) 2007
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Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.645640