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Non-durable Consumption and Housing Net Worth in the Great Recession: Evidence from Easily Accessible Data

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NBER2016-05-01 更新2025-01-04 收录
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In an influential paper, Mian, Rao, and Sufi (2013) exploit geographic variation to measure the effect of the fall in housing net worth on household expenditures during the Great Recession. Their widely-cited estimates are based on proprietary house price and proprietary expenditure data and

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2016-05-01
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