The (Mythical?) Housing Wealth Effect
收藏NBER2009-06-01 更新2025-01-04 收录
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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
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美国国家经济研究局创建时间：
2009-06-01
