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A fall in house prices due to a change in its fundamental value redistributes wealth from those long housing (for whom … used in the paper, there is no pure wealth effect on consumption from a change in house prices if this represents a change … in their fundamental value. There is a pure wealth effect on consumption from a change in house prices if this reflects a …
Persistent link: https://www.econbiz.de/10013132170
A fall in house prices due to a change in fundamental value redistributes wealth from those long housing (for whom the …, of the Yaari-Blanchard OLG model used in the paper), there is no pure wealth effect on consumption from a change in house … prices driven by the housing demand of future generations will boost current consumption. There is a pure wealth effect on …
Persistent link: https://www.econbiz.de/10013068876
A fall in house prices due to a change in fundamental value redistributes wealth from those long housing (for whom the … is no pure wealth effect on consumption from a change in house prices if this represents a change in fundamental value …. There is a pure wealth effect on consumption from a change in house prices if this reflects a change in the speculative …
Persistent link: https://www.econbiz.de/10012758559
A fall in house prices due to a change in fundamental value redistributes wealth from those long housing (for whom the … is no pure wealth effect on consumption from a change in house prices if this represents a change in fundamental value …. There is a pure wealth effect on consumption from a change in house prices if this reflects a change in the speculative …
Persistent link: https://www.econbiz.de/10012464443
Commercial Assets? -- Chapter 16. Managing Assets Better: The Role of Public Wealth Funds -- Chapter 17. Pensions and Other … comprehensive restructuring of Sweden’s national portfolio of commercial assets and author of ‘The Public Wealth of Nations’. Jacob …
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