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Equity Prices, Household Wealth, and Consumption Growth in Foreign Industrial Countries : Wealth Effects in the 1990s

Bertaut, Carol C. - 2003

United States, reflecting the importance of equities in aggregate household wealth in these countries. A significant wealth … effect is also evident in Japan, but because household wealth has changed little on balance in Japan in recent years, this … remain a less important form of household wealth in most of these countries, and the consumption response to changes in …

Persistent link: https://www.econbiz.de/10014118079

An empirical re-evaluation of wealth effect in Japanese household behavior

Ogawa, Kazuo; Kitasaka, Shin'ichi; Yamaoka, Hiroshi; … - 1995

Persistent link: https://www.econbiz.de/10000919530

Estimating the household consumption function in Saudi Arabia : an error correction approach

Al Gahtani, Goblan; Bollino, Carlo Andrea; Bigerna, Simona - In: Applied economics 52 (2020) 11, pp. 1259-1271

Persistent link: https://www.econbiz.de/10012197526

The housing wealth effect on consumption reconsidered

Lindner, Fabian - 2014

Much of the literature on the effect of housing wealth on consumption has been embedded in a simple life-cycle model in which housing price changes work as a "wealth effect". In such models, windfall gains in housing always lead to positive changes in consumption. However, this might constitute...

Persistent link: https://www.econbiz.de/10010337472