The (Mythical?) Housing Wealth Effect
收藏NBER2009-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w15075
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资源简介：
Models used to guide policy, as well as some empirical studies, suggest that the effect of housing wealth on consumption is large and greater than the wealth effect on consumption from stock holdings. Recent theoretical work, in contrast, argues that changes in housing wealth are offset by changes
提供机构：
美国国家经济研究局
创建时间：
2009-06-01
