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Modelling the demand for housing over the life cycle

Attanasio, Orazio P.; Bottazzi, Renata; Low, Hamish; … - In: Review of economic dynamics 15 (2012) 1, pp. 1-18

Persistent link: https://www.econbiz.de/10009521664

Wealth Effects and the Consumption of Italian Households in the Great Recession

Bottazzi, Renata - 2017

We estimate marginal propensities to consume from wealth shocks for Italian households in the early part of the Great Recession. Large asset price shocks in 2008 underpin an IV estimator. A euro fall in risky financial wealth resulted in cuts in annual total (non‐durable) consumption of 8.5‐...

Persistent link: https://www.econbiz.de/10012961042

Wealth effects and the consumption of Italian households in the Great Recession

Bottazzi, Renata; Trucchi, Serena; Wakefield, Matthew - 2017 - This version: August 2015

Persistent link: https://www.econbiz.de/10011674495

Consumption responses to a large shock to financial wealth : evidence from Italy

Bottazzi, Renata; Trucchi, Serena; Wakefield, Matthew - University of Essex / Department of Economics - 2017

Persistent link: https://www.econbiz.de/10013162720

Do house prices drive consumption growth? : the coincident cycles of house prices and consumption in the UK

Attanasio, Orazio P.; Leicester, Andrew; Wakefield, Matthew - In: Journal of the European Economic Association 9 (2011) 3, pp. 399-435

Persistent link: https://www.econbiz.de/10009247218

Wealth effects and the consumption of Italian households in the Great Recession

Botazzi, Renata; Trucchi, Serena; Wakefield, Matthew - 2013

We estimate marginal propensities to consume from wealth shocks for Italian households. Large asset price shocks in 2008 underpin an IV estimator. A euro fall in financial or risky financial wealth resulted in cuts in annual total (non-durable) consumption of 5-9 (3.5-6) cents. There is evidence...

Persistent link: https://www.econbiz.de/10009779253