Making the House a Home: The Stimulative Effect of Home Purchases on Consumption and Investment
收藏NBER2017-07-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w23570
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资源简介:
We introduce and quantify a new channel through which the housing market affects household spending: the home purchase channel. Using an event-study design with data from the Consumer Expenditure Survey, we show that households spend on average $3,700 more in the months before and the first year
提供机构:
美国国家经济研究局
创建时间:
2017-07-01



