Cristini, Annalisa; Sevilla, Almudena - In: Economica 81 (2014) 324, pp. 601-625
type="main" xml:id="ecca12098-abs-0001" xml:lang="en" <p>This paper revives the debate in the literature about the relationship between house prices and consumption by exploring conflicting results in the UK. Campbell and Cocco (<link href="#ecca12098-bib-0008"/>) find that old owners benefit most from a house price increase and...</p>