Housing Wealth and Aggregate Saving
收藏NBER1989-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2842
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资源简介：
The recent appreciation in housing value can have large effects on aggregate saving. This paper uses a simulation model to show that aggregate saving will decline substantially if life cycle homeowners spend down their housing windfalls. Homeowners with a bequest motive, however, may save more to
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美国国家经济研究局创建时间：
1989-02-01
