How Do House Prices Affect Consumption? Evidence From Micro Data
收藏NBER2005-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w11534
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资源简介：
Housing is a major component of wealth. Since house prices fluctuate considerably over time, it is important to understand how these fluctuations affect households' consumption decisions. Rising house prices may stimulate consumption by increasing households' perceived wealth, or by relaxing
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美国国家经济研究局创建时间：
2005-08-01
