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evidence has implications for the role of asset price expectations in business cycle dynamics and consumption inequality. …
Persistent link: https://www.econbiz.de/10014279958
evidence has implications for the role of asset price expectations in business cycle dynamics and consumption inequality. …
Persistent link: https://www.econbiz.de/10014284586
evidence has implications for the role of asset price expectations in business cycle dynamics and consumption inequality. …
Persistent link: https://www.econbiz.de/10014284713
individual's consumption decision. Few papers showed that housing is a substitute instead of a complement. We have shown that … housing indeed a complements and consumption of non-durable goods is significantly affected by housing decision no matter … whether living place is owned or rented. Owning financial assets such as stock and bonds does not affect consumption …
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Round numbers affect behavior in various domains, e.g., as prominent thresholds or focal points in bargaining. In line with earlier findings, residential real estate transactions in Germany cluster at round-number prices, but there are also interesting (presumably cultural) differences. We...
Persistent link: https://www.econbiz.de/10014495027
Round numbers affect behavior in various domains, e.g., as prominent thresholds or focal points in bargaining. In line with earlier findings, residential real estate transactions in Germany cluster at round-number prices, but there are also interesting (presumably cultural) differences. We...
Persistent link: https://www.econbiz.de/10014426542