IBRAHIM, MANSOR H.; LAW, SIONG HOOK - In: The Singapore Economic Review (SER) 58 (2013) 04, pp. 1350025-1
, the presence of the stock market wealth effect is documented. At the same time, the stock market volatility is also noted … in the private consumption due to the decline in stock market wealth post-crisis is substantial, amounting to 2.7% of …