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Is Housing Wealth a Sideshow?

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NBER1993-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4552
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Do housing price fluctuations play an important role in the economic security of retirees, or is housing wealth just a sideshow to the determination of consumption and saving? Using panel data on saving from the Panel Study of Income Dynamics, and aggregate time- series data, I find that shifts in
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1993-11-01
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