The Effect of Dividends on Consumption
收藏NBER2006-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w12288
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资源简介:
Classical models predict that the division of stock returns into dividends and capital appreciation does not affect investor consumption patterns, while mental accounting and other economic frictions predict that investors have a higher propensity to consume from stock returns in the form of
提供机构:
美国国家经济研究局
创建时间:
2006-06-01



