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Case, Quigley and Shiller (2013) distinguished and quantified two wealth effects in retail sales at the state level: One from wealth held as corporate stock and one from wealth held in the form of home ownership. Here we investigate how each of these wealth e¤ects varies by frequency that is,...
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Case, Quigley and Shiller (2013) distinguished and quantified two wealth effects in retail sales at the state level: one from wealth held as corporate stock and one from wealth held in the form of home ownership. Here we investigate how each of these wealth effects varies by frequency -- that...
Persistent link: https://www.econbiz.de/10013077784