Stock Market Fluctuations and Consumption Behaviour: Some Recent Evidence
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
下载链接：
https://www.oecd.org/en/publications/stock-market-fluctuations-and-consumption-behaviour_853414662323.html
下载链接
链接失效反馈官方服务：
资源简介：
This paper examines the likely influence of recent stock market fluctuations on major OECD economies, focusing on wealth effects and consumption. After reviewing the relevant theoretical framework and available empirical evidence, consumption functions are estimated for the US including the influence of financial wealth. The resulting estimates of...
